Kindred Exchange Inc

Analysis

Kindred Exchange Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Kindred Exchange Inc reported income of $127k and spending of $116k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $127k (+25%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kindred Exchange Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within TN. Charities of a similar size with the same main cause include Church Investment Group ($127k), Christian Unity Press ($127k) and I-Bible ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. At year end it held assets of $26k against liabilities of $716, net assets of $26k.