Kern Agricultural Foundation

Analysis

Kern Agricultural Foundation is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 Agricultural Foundation reported income of $89k and spending of $110k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $104k to $89k (-14%), an average of -14% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kern Agricultural Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Monona Serenity Group Incorporated ($89k), Silver Valley Ministries ($89k) and Friends of the Polk County Public Library ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $309k against liabilities of $0, net assets of $309k.