Kern River Corridor Endowment and Holding Co Inc

Analysis

Kern River Corridor Endowment and Holding Co Inc is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 River Corridor Endowment and Holding Co Inc reported income of $113k and spending of $176k, spending 156% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $496k to $113k (-77%), an average of -31% a year. The sharpest change came in the year to December 2021, when income dropped by 80%. Over the whole period it spent 81% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Kern River Corridor Endowment and Holding Co Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Friends of Cape Fear Botanical Garden ($113k), Friends of Orinda Creeks ($113k) and Meeker Memorial Hospital Foundation ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.4m against liabilities of $212k, net assets of $3.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.