Kenansville Community Association Inc

Analysis

Kenansville Community Association Inc is a registered charity in United States, based in Kenansville, FL. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Kenansville Community Association Inc reported income of $193k and spending of $222k, spending 115% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $229k to $193k (-16%), an average of -5.6% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kenansville Community Association Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include African Projects for Peace and Love Initiatives Inc NFP ($193k), Watchdogtax Corp ($193k) and Little Thinkers School of Early Learning ($193k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. At year end it held assets of $524k against liabilities of $0, net assets of $524k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.