Kennedy Memorial Fund

Analysis

Kennedy Memorial Fund is a registered charity in United States, based in United Kingdom. It received its IRS tax-exemption ruling in August 1965, 61 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3).

In the financial year ending April 2023, Kennedy Memorial Fund reported income of $679k and spending of $972k, spending 143% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $629k to $679k (+7.9%), an average of +1.9% a year. The sharpest change came in the year to April 2021, when income rose by 314%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kennedy Memorial Fund sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile. Charities of a similar size with the same main cause include Byron S Swearingen Trust 8350 TW 51288 Nect ($679k), National Asian-American Theatre Company ($679k) and Notre Dame Academy Foundation ($679k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 28% of the total. Compensation of current officers, directors and key employees was $91k (9.4% of expenses). At year end it held assets of $21.2m against liabilities of $36k, net assets of $21.2m.