Kestrel Institute

Analysis

Kestrel Institute is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in January 1982, 44 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 December 2023, Kestrel Institute reported income of $4.4m and spending of $4.1m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $4.4m (+81%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kestrel Institute sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include The University of Illinois Alumni Association ($4.4m), Associated Health Assurance Ltd ($4.4m) and Youthfront Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $1.3m (32% of expenses). Other salaries and wages came to $807k. At year end it held assets of $4.1m against liabilities of $1.7m, net assets of $2.4m. It reported 17 employees.