Kennedy Childrens Center

Kennedy Childrens Center shows consistent revenue growth and strong asset base, with no officer compensation reported in filings.

EIN: 135671639 · New York, NY · NTEE: B28Z · Updated: 2026-03-28

$23.9MRevenue
$23.9MGross Revenue
$20.5MAssets
85/100Mission Score (Excellent)
B28Z
Kennedy Childrens Center Financial Summary
MetricValue
Total Revenue$23.9M
Total Expenses$21.0M
Program Spending80%
CEO/Top Officer Pay$20
Net Assets$4.3M
Transparency Score85/100

Is Kennedy Childrens Center Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Kennedy Childrens Center directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Kennedy Childrens Center

Kennedy Childrens Center (EIN: 135671639) is a nonprofit organization based in New York, NY, classified under NTEE code B28Z. The organization reported total revenue of $23.9M and total assets of $20.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kennedy Childrens Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

80Years Operating
LargeSize Classification
12Years of Filings
MixedRevenue Trajectory

Kennedy Childrens Center is a large nonprofit that has been operating for 80 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$20.9M
Total Expenses$21.0M
Surplus / Deficit$-106,693
Total Assets$20.5M
Total Liabilities$16.2M
Net Assets$4.3M
Operating Margin-0.5%
Debt-to-Asset Ratio78.9%
Months of Reserves11.7 months

Financial Health Grade: C

In 2023, Kennedy Childrens Center reported a deficit of $107K with expenses exceeding revenue, holds 11.7 months of operating reserves (strong position), has a debt-to-asset ratio of 78.9% (high leverage).

Financial Trends

Over 12 years of filings (2011–2023), Kennedy Childrens Center's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023-2.0%+14.9%+24.9%
2022+23.0%-2.0%+1.2%
2021-9.9%-1.1%-3.0%
2020+7.2%+3.3%-6.7%
2019+1.1%+7.0%+22.2%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date1946

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Kennedy Childrens Center demonstrates a generally stable financial position, with assets consistently exceeding liabilities in recent years, indicating a healthy balance sheet. For instance, in 2023, assets were $20,481,660 against liabilities of $16,159,772. The organization has shown consistent revenue growth over the past decade, increasing from $15,761,379 in 2013 to $20,915,184 in 2023. While expenses have occasionally outpaced revenue, such as in 2023 where expenses were $21,021,877 against revenues of $20,915,184, these deficits appear to be manageable given the overall asset base. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that compensation is not reported in this specific field, which warrants further investigation for a complete picture. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent growth in assets and revenue suggests effective management of resources to support its mission. The organization's NTEE code B28Z indicates a focus on children and youth services, aligning with its name. The lack of reported officer compensation is a significant factor in assessing transparency, as it either indicates a highly volunteer-driven leadership or a reporting nuance that needs clarification. Overall, Kennedy Childrens Center appears to be a financially sound organization with a history of growth. Its consistent asset accumulation and the absence of reported officer compensation in the provided data are positive indicators, though a more granular breakdown of expenses would provide a clearer picture of spending efficiency. The organization's long filing history and consistent reporting contribute to its transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Kennedy Childrens Center with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Kennedy Childrens Center allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$20.9MTotal Revenue
$21.0MTotal Expenses
$20.5MTotal Assets
$16.2MTotal Liabilities
$4.3MNet Assets
  • The organization reported a deficit of $107K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 78.9%.

Executive Compensation Analysis

The IRS 990 filings consistently report 0% officer compensation across all available periods, which is unusual for an organization of this size with over $20 million in annual revenue and assets. This either indicates that executive compensation is not being reported in this specific field, or that the organization operates with entirely unpaid leadership, which would be a significant strength in terms of resource allocation.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Kennedy Childrens Center's IRS 990 filings:

  • Unusually low or 0% reported officer compensation across all filings, which may indicate a reporting issue or a highly unusual operational model that requires further scrutiny.

Strengths

The following positive indicators were identified for Kennedy Childrens Center:

  • Consistent revenue growth over the past decade, from $15.7M in 2013 to $20.9M in 2023.
  • Strong and growing asset base, increasing from $3.7M in 2013 to $20.4M in 2023.
  • Assets consistently exceed liabilities, indicating a healthy balance sheet and financial stability.
  • Long and consistent IRS 990 filing history (12 filings), suggesting good compliance and transparency.
  • No officer compensation reported in filings, potentially indicating highly efficient or volunteer-led executive management.

Frequently Asked Questions about Kennedy Childrens Center

Is Kennedy Childrens Center a legitimate charity?

Kennedy Childrens Center (EIN: 135671639) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $23.9M. 1 red flag identified. 5 strengths noted. Financial health grade: C.

How does Kennedy Childrens Center spend its money?

Kennedy Childrens Center directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Kennedy Childrens Center tax-deductible?

Kennedy Childrens Center is registered as a tax-exempt nonprofit (EIN: 135671639). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Kennedy Childrens Center CEO make?

Kennedy Childrens Center's highest-compensated officer earns $20 annually. The organization reported $23.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Kennedy Childrens Center's spending goes to programs?

Kennedy Childrens Center directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Kennedy Childrens Center compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Kennedy Childrens Center is above average for NTEE category B28Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Kennedy Childrens Center located?

Kennedy Childrens Center is headquartered in New York, New York and files with the IRS under EIN 135671639. It is classified under NTEE code B28Z.

How many years of IRS 990 filings does Kennedy Childrens Center have?

Kennedy Childrens Center has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $23.9M in total revenue.

Is Kennedy Childrens Center a good charity?

Based on the available financial data, Kennedy Childrens Center appears to be a financially stable organization with consistent revenue growth and a strong asset base. The consistent reporting of 0% officer compensation is a notable point, suggesting either highly efficient leadership or a reporting anomaly that would need further clarification to fully assess its 'goodness' as a charity.

How has the organization's financial health changed over the past decade?

Kennedy Childrens Center has shown significant financial growth over the past decade. Revenue increased from $15,761,379 in 2013 to $20,915,184 in 2023, and assets grew substantially from $3,768,332 to $20,481,660 in the same period, indicating improved financial health and capacity.

What is the significance of 0% officer compensation?

The consistent reporting of 0% officer compensation is highly significant. It could mean that the organization's leadership is entirely volunteer-based, which would be a strong indicator of efficiency and dedication to its mission. Alternatively, it might indicate that compensation is reported under a different category or that the provided data is incomplete regarding this specific field, warranting further investigation into the full IRS 990 forms.

Are there any concerns about the organization's liabilities?

While liabilities have increased alongside assets, the organization's assets have consistently exceeded its liabilities, particularly in recent years. For example, in 2023, assets were $20,481,660 against liabilities of $16,159,772, indicating a healthy financial position where assets comfortably cover obligations.

Filing History

IRS 990 filing history for Kennedy Childrens Center showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), Kennedy Childrens Center's revenue has grown by 22.7%, moving from $17.0M to $20.9M. Total assets increased by 222% over the same period, from $6.4M to $20.5M. Total functional expenses rose by 22.6%, from $17.1M to $21.0M. In its most recent filing year (2023), Kennedy Childrens Center reported a deficit of $107K, with expenses exceeding revenue. The organization holds $16.2M in liabilities against $20.5M in assets (debt-to-asset ratio: 78.9%), resulting in net assets of $4.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $20.9M $21.0M $20.5M $16.2M View 990
2022 $21.3M $18.3M $16.4M $12.2M View 990
2021 $17.4M $18.7M $16.2M $14.9M View 990
2020 $19.3M $18.9M $16.7M $14.6M View 990
2019 $18.0M $18.3M $17.9M $16.0M View 990
2017 $17.8M $17.1M $14.7M $14.6M View 990
2016 $15.8M $16.0M $14.0M $14.9M View 990
2015 $15.4M $15.8M $11.1M $14.3M View 990
2014 $15.0M $15.6M $7.6M $10.3M View 990
2013 $15.8M $17.1M $3.8M $5.8M View 990
2012 $16.4M $16.8M $4.7M $5.5M View 990
2011 $17.0M $17.1M $6.4M $4.0M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $20.9M, expenses of $21.0M, and assets of $20.5M (revenue -2.0% year-over-year).
  • 2022: Revenue of $21.3M, expenses of $18.3M, and assets of $16.4M (revenue +23.0% year-over-year).
  • 2021: Revenue of $17.4M, expenses of $18.7M, and assets of $16.2M (revenue -9.9% year-over-year).
  • 2020: Revenue of $19.3M, expenses of $18.9M, and assets of $16.7M (revenue +7.2% year-over-year).
  • 2019: Revenue of $18.0M, expenses of $18.3M, and assets of $17.9M (revenue +1.1% year-over-year).
  • 2017: Revenue of $17.8M, expenses of $17.1M, and assets of $14.7M (revenue +12.3% year-over-year).
  • 2016: Revenue of $15.8M, expenses of $16.0M, and assets of $14.0M (revenue +3.0% year-over-year).
  • 2015: Revenue of $15.4M, expenses of $15.8M, and assets of $11.1M (revenue +2.3% year-over-year).
  • 2014: Revenue of $15.0M, expenses of $15.6M, and assets of $7.6M (revenue -4.8% year-over-year).
  • 2013: Revenue of $15.8M, expenses of $17.1M, and assets of $3.8M (revenue -3.7% year-over-year).
  • 2012: Revenue of $16.4M, expenses of $16.8M, and assets of $4.7M (revenue -4.0% year-over-year).
  • 2011: Revenue of $17.0M, expenses of $17.1M, and assets of $6.4M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Kennedy Childrens Center:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Kennedy Childrens Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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