Kennedy Family Foundation Inc

Analysis

Kennedy Family Foundation Inc is a registered charity in United States, based in Janesville, WI. It received its IRS tax-exemption ruling in March 2016, 10 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kennedy Family Foundation Inc reported income of $433k and spending of $433k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $415k to $433k (+4.5%), an average of +1.1% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kennedy Family Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within WI. Charities of a similar size with the same main cause include Dress for Success Tampa Bay Inc ($433k), Hbcu Career Development Marketplace Inc ($433k) and Olde Towne Theatre Co Inc ($433k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 112% of the total. At year end it held assets of $1,148 against liabilities of $0, net assets of $1,148.