Kentwood Education Fund

Analysis

Kentwood Education Fund is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Kentwood Education Fund reported income of $192k and spending of $143k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $93k to $192k (+106%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 77%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kentwood Education Fund sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Trailhead Perspectives Inc ($192k), Alabama Affordable Housing Association Scholarship Fund ($192k) and Goals for Life Foundation Inc ($192k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $107k against liabilities of $0, net assets of $107k.