Kinder-Mourn Inc

Analysis

Kinder-Mourn Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in March 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kinder-Mourn Inc reported income of $1.0m and spending of $953k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $823k to $1.0m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kinder-Mourn Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.0m), William a Hunton YMCA Inc ($1.0m) and Advancement Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $140k (15% of expenses). Other salaries and wages came to $414k. At year end it held assets of $1.8m against liabilities of $7,768, net assets of $1.8m. It reported 10 employees.