Ken Duke and Friends Inc

Analysis

Ken Duke and Friends Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in November 2017, 9 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 (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, Ken Duke and Friends Inc reported income of $786k and spending of $867k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $378k to $786k (+108%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 1426%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ken Duke and Friends Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Benton Community Foundation Inc ($786k), Xavier-Sgo ($786k) and United Way of Gloucester County ($785k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $49k against liabilities of $1,331, net assets of $48k.