Kensington Education Foundation

Analysis

Kensington Education Foundation is a registered charity in United States, based in Kensington, CA. It received its IRS tax-exemption ruling in November 1986, 40 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 August 2023, Kensington Education Foundation reported income of $341k and spending of $329k, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $417k to $341k (-18%), an average of -4.9% a year. The sharpest change came in the year to August 2021, when income dropped by 44%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kensington Education Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include H S Henton Trust for U of M ($341k), Eastern Idaho Development Corp ($341k) and Cleveland Senior Citizens Organzation ($341k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 109% of the total. Other salaries and wages came to $195k. At year end it held assets of $434k against liabilities of $622, net assets of $433k. It reported 13 employees.