Kenmore Neighborhood Alliance

Analysis

Kenmore Neighborhood Alliance is a registered charity in United States, based in Akron, OH. 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, Kenmore Neighborhood Alliance reported income of $401k and spending of $416k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $401k (+77%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kenmore Neighborhood Alliance sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Little League Inc-Rincon Valley ($401k), Stabbin Wagon ($401k) and St Matthew Manor Inc ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $88k (21% of expenses). Other salaries and wages came to $92k. At year end it held assets of $727k against liabilities of $79k, net assets of $648k. It reported 5 employees.