Kern Alliance of Business

Analysis

Kern Alliance of Business is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in March 1989, 37 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 December 2023, Kern Alliance of Business reported income of $66k and spending of $174k, spending 265% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $10k to $66k (+532%), an average of +532% a year. The sharpest change came in the year to December 2023, when income rose by 532%. Over the whole period it spent 291% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kern Alliance of Business sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Claritas House Outreach Ministry Inc ($66k), Habitat for Humanity International Inc ($66k) and Jewish Historical Society of North Jersey Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $196k against liabilities of $0, net assets of $196k.