John G Kenedy Jr Charitable TR -Surface Estate TR

Analysis

John G Kenedy Jr Charitable TR -Surface Estate TR is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in June 2018, 8 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 supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, John G Kenedy Jr Charitable TR -Surface Estate TR reported income of $11.0m and spending of $7.3m, leaving 34% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $4.4m to $11.0m (+151%), an average of +26% a year. The sharpest change came in the year to April 2022, when income rose by 141%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, John G Kenedy Jr Charitable TR -Surface Estate TR sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Community Foundation of Central Georgia Inc ($11.0m), High Point Community Foundation ($11.1m) and Giving Tuesday Inc ($11.0m).

Compensation of current officers, directors and key employees was $146k (2.0% of expenses). At year end it held assets of $48.7m against liabilities of $0, net assets of $48.7m.