Bucky Kennedy Ministries Inc

Analysis

Bucky Kennedy Ministries Inc is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in August 2016, 10 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, Bucky Kennedy Ministries Inc reported income of $55k and spending of $49k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $169k to $55k (-68%), an average of -25% a year. The sharpest change came in the year to December 2021, when income dropped by 65%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bucky Kennedy Ministries Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within GA. Charities of a similar size with the same main cause include PTA New Jersey Congress of Parents & Teachers ($55k), PTA California Congress of Parents Teachers & Students Inc ($55k) and Okmulgee Education Foundation ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.2% of the total. Other salaries and wages came to $22k. At year end it held assets of $27k against liabilities of $28k, net assets of -$548. It reported 1 employees.