Kerrkonnect

Analysis

Kerrkonnect is a registered charity in United States, based in Kerrville, TX. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Kerrkonnect reported income of $112k and spending of $107k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $112k (+83%), an average of +83% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kerrkonnect sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Community Meal Center ($112k), Oasis of Hope Foundation ($112k) and Sufficient Grace ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.