Kinship Center

Analysis

Kinship Center is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in December 1978, 48 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 June 2024, Kinship Center reported income of $275k and spending of $288k, spending 105% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $214k to $275k (+28%), an average of +6.5% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kinship Center sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within LA. Charities of a similar size with the same main cause include Annapolis Summer Garden Theatre Inc ($275k), Friends of Turpin ($275k) and Austen Manor ($275k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $168k. It paid $581 in professional fundraising fees. At year end it held assets of $203k against liabilities of $0, net assets of $203k. It reported 4 employees.