Project Kenny

Analysis

Project Kenny is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Project Kenny reported income of $73k and spending of $92k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $152k to $73k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Project Kenny sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 24th percentile within WA. Charities of a similar size with the same main cause include United States Amateur Boxing Inc ($73k), The Hingham High School Cross Country Boosters Inc ($73k) and Nazareth Academy Endowment Fund ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $135k against liabilities of $1,456, net assets of $134k.