Kirby Enterprises

Analysis

Kirby Enterprises is a registered charity in United States, based in Arlington, WA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. 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 September 2023, Kirby Enterprises reported income of $2.1m and spending of $2.1m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $2.1m (+65%), an average of +13% a year. The sharpest change came in the year to September 2021, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kirby Enterprises sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within WA. Charities of a similar size with the same main cause include Roanoke Island Historical Association Inc ($2.1m), Waypoint Montessori ($2.1m) and Christ Child Society ($2.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $64k (3.1% of expenses). Other salaries and wages came to $95k. At year end it held assets of $157k against liabilities of $196k, net assets of -$39k. It reported 4 employees.