Kenai Senior Connection Inc

Analysis

Kenai Senior Connection Inc is a registered charity in United States, based in Kenai, AK. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Kenai Senior Connection Inc reported income of $101k and spending of $113k, spending 112% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $715k to $101k (-86%), an average of -39% a year. The sharpest change came in the year to June 2021, when income dropped by 88%. Over the whole period it spent 40% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kenai Senior Connection Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within AK. Charities of a similar size with the same main cause include Come Rest Awhile ($101k), Small Victories ($101k) and Lawyers Fighting Hunger Inc ($101k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.