Fred Kennedy Associates Inc

Analysis

Fred Kennedy Associates Inc is a registered charity in United States, based in Chino, CA. It received its IRS tax-exemption ruling in July 1982, 44 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Fred Kennedy Associates Inc reported income of $801k and spending of $750k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $349k to $801k (+129%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fred Kennedy Associates Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Louisiana Sports Hall of Fame Foundation ($800k), Healing the Children Northeast Incorporated ($801k) and Tiki Island Volunteer Firefighters Association ($800k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $104k (14% of expenses). Other salaries and wages came to $225k. At year end it held assets of $114k against liabilities of $1,845, net assets of $112k. It reported 20 employees.