Seth Keener Foundation

Analysis

Seth Keener Foundation is a registered charity in United States, based in Newark, TX. It received its IRS tax-exemption ruling in August 2022, 4 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, Seth Keener Foundation reported income of $100k and spending of $100k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $113k to $100k (-11%), an average of -11% a year. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Seth Keener Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Town of Medley Foundation Inc ($100k), Ofallon High School Endowment Fund Ltd ($101k) and Carnival Association of Long Beach Inc ($100k).

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 $29k against liabilities of $0, net assets of $29k.