Kinkaid School Endowment Fund Inc

Analysis

Kinkaid School Endowment Fund Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Kinkaid School Endowment Fund Inc reported income of $13.4m and spending of $4.6m, leaving 65% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $4.6m to $13.4m (+192%), an average of +31% a year. The sharpest change came in the year to July 2021, when income rose by 52%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kinkaid School Endowment Fund Inc sits at the 95th percentile: it is larger than about 94% 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 The Geneva School Inc ($13.4m), Hoosac School ($13.4m) and Robinson School Inc ($13.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $134.1m against liabilities of $3.8m, net assets of $130.3m.