James D Kinsey Jr Memorial Fund Inc

Analysis

James D Kinsey Jr Memorial Fund Inc is a registered charity in United States, based in Manhasset, NY. It received its IRS tax-exemption ruling in April 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, James D Kinsey Jr Memorial Fund Inc reported income of $61k and spending of $47k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $61k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, James D Kinsey Jr Memorial Fund Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Duluth Lions Club Foundation ($61k), Plainville Rotary Foundation Inc ($62k) and GHS Friends of Glastonbury Baseball Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.