Kent Community Foundation

Analysis

Kent Community Foundation is a registered charity in United States, based in Kent, WA. It received its IRS tax-exemption ruling in February 1987, 39 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, Kent Community Foundation reported income of $159k and spending of $114k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $143k to $159k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2023, when income rose by 175%. Over the whole period it spent 60% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kent Community Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 45th percentile within WA. Charities of a similar size with the same main cause include Oswald Supporting Organization ($159k), Sioux Valley Energy Customer Trust Inc ($159k) and Red Hook Responds Incorporated ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 2.4% of the total. At year end it held assets of $748k against liabilities of $4,477, net assets of $744k.