Kinmundy Promotions Inc

Analysis

Kinmundy Promotions Inc is a registered charity in United States, based in Kinmundy, IL. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Kinmundy Promotions Inc reported income of $128k and spending of $131k, spending 102% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $66k to $128k (+93%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 85%. Over the whole period it spent 60% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kinmundy Promotions Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within IL. Charities of a similar size with the same main cause include Grow Centerville ($128k), Daybreak Rotary Charity Fund of Lake Ozark Inc ($128k) and Handcrafts Unlimited ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $434k against liabilities of $118k, net assets of $315k.