John G & Marie Stella Kenedy Memorial Foundation
555 N Carancahua St Ste 1700, Corp Christi, TX · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $31,844,186 | $22,119,519 | $482,601,800 |
| FY2023 | $23,340,020 | $21,540,965 | $435,987,737 |
| FY2022 | $49,226,807 | $22,004,481 | $380,902,189 |
| FY2021 | $73,765,655 | $19,899,876 | $418,659,057 |
| FY2020 | $75,089,891 | $18,408,488 | $353,646,476 |
| FY2019 | $23,664,032 | $18,685,512 | $334,421,424 |
| FY2018 | $21,681,654 | $17,470,310 | $293,764,503 |
| FY2017 | $23,986,504 | $18,308,655 | $312,979,017 |
| FY2016 | $13,624,377 | $16,345,600 | $277,990,512 |
| FY2015 | $16,946,221 | $19,206,218 | $277,030,893 |
| FY2014 | $21,587,772 | $14,584,840 | $287,294,056 |
| FY2013 | $19,615,407 | $16,526,847 | $283,960,601 |
| FY2012 | $17,801,012 | $14,241,501 | $259,944,927 |
| FY2011 | $28,543,487 | $15,329,352 | $237,164,919 |
Form 990 filings
The returns filed by John G & Marie Stella Kenedy Memorial Foundation (EIN 74-6040701), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $680 | <1% |
| Other revenue | $31,843,506 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $17,530,498 | 79% |
| Management & general | $4,589,021 | 21% |
| Fundraising | $0 | 0% |
What the numbers show
- Other revenue made up 100% of total revenue in FY2024.
- Program services accounted for 79% of functional expenses, management & general 21%, and fundraising 0%.
- 79% of functional expenses went to program services in FY2024. That is higher than 19.4% of 31 Religion-Related organizations in TX.
- Net assets covered about 261.8 months of expenses at the end of the reporting year. That puts it in the 96th percentile among 2333 Religion-Related organizations in TX.
- Total revenue was higher than 99.7% of 2407 Religion-Related organizations in TX.
- Total revenue rose from $28,543,487 in FY2011 to $31,844,186 in FY2024. Revenue increased in 6 and decreased in 7 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2015, FY2016).
- The highest revenue on record here is $75,089,891 in FY2020.
- Net assets grew from $237,164,919 to $482,601,800 between FY2011 and FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
To support religious, educational, and charitable purposes in Texas.
IRS status
| Ruling year | 1961 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | X110 — Religion-Related |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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