Keewaydin Foundation

Analysis

Keewaydin Foundation is a registered charity in United States, based in Salisbury, VT. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Keewaydin Foundation reported income of $8.9m and spending of $7.1m, spending 80% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $6.1m to $8.9m (+45%), an average of +9.7% a year. The sharpest change came in the year to October 2021, when income rose by 141%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Keewaydin Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within VT. Charities of a similar size with the same main cause include Junior Tennis Champions Center Inc ($8.8m), Adventure Unlimited ($8.9m) and Neighborhood Alliance ($8.8m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 43% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $292k (4.1% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $34.4m against liabilities of $493k, net assets of $33.9m. It reported 242 employees.