Philanthropy & Grantmaking
(T31)
IRS Verified
DX Registered
990 on File
KERN COMMUNITY FOUNDATION
Financial strength (30%)
86/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
70/100
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$8.5M
Total Revenue
$8.8M
Total Expenses
$39.3M
Net Assets
163
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
79.7%
Fundraising Efficiency
N/A
Operating Reserve
53.74x
Liability-to-Asset
14.5%
Revenue Diversification
68.6%
Compared with Peers
FY 2024
Compared with 5,337 similar organizations
(United States, Philanthropy & Grantmaking, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
79.7% | 90.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.2% | 8.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.1% | 2.1% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
53.7 mo | 80.9 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
14.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
68.6% | 89.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
66.5% | 21.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
104.3% | 9.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-3.8% | 2.5% |
P10P90
|
Impact
5 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| access to education | 200 | $64,000.00 | — | Per Year |
| access to workforce development and experience | 100 | $1,000,000.00 | — | Per Year |
| provided opportunity for women and girls in marginalized communities | 20 | $10,000.00 | — | Per Year |
| improved local economy | 10 | $50,000.00 | — | Per Year |
| Access to wrap around services quickly and efficiently | 500 | $64,000.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $8.5M | $8.8M | $39.3M | 79.7% | 163 |
| 2023 | $5.1M | $4.3M | $37.6M | 67.4% | 123 |
| 2022 | $11.3M | $4.3M | $33.8M | 72.6% | 39 |
| 2021 | $11.1M | $3.5M | N/A | — | 12 |
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