John G Kenedy Jr Charitable Trust

Analysis

John G Kenedy Jr Charitable Trust is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, John G Kenedy Jr Charitable Trust reported income of $11.7m and spending of $10.0m, spending 85% of its income. Across the 4 years on record, from April 2020 to April 2023, income grew from $6.9m to $11.7m (+69%), an average of +19% a year. The sharpest change came in the year to April 2022, when income rose by 98%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, John G Kenedy Jr Charitable Trust sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Illinois Assistive Technology Program ($11.7m), Western Colorado Community Foundation Inc ($11.7m) and Believers Stewardship Services Inc ($11.7m).

Compensation of current officers, directors and key employees was $915k (9.1% of expenses). At year end it held assets of $158.4m against liabilities of $0, net assets of $158.4m. It reported 1 employees.