Kennys Place of Marion County Inc

Analysis

Kennys Place of Marion County Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Kennys Place of Marion County Inc reported income of $262k and spending of $170k, leaving 35% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $124k to $262k (+111%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kennys Place of Marion County Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Somos Familia ($262k), Blanket Coverage ($262k) and Al Folk Inc ($262k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 41% of the total. Other salaries and wages came to $83k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 3 employees.