Kelly Reeves Memorial Foundation

Analysis

Kelly Reeves Memorial Foundation is a registered charity in United States, based in Munroe Falls, OH. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Kelly Reeves Memorial Foundation reported income of $467k and spending of $412k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $169k to $467k (+176%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kelly Reeves Memorial Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include Summers Legacy Foundation Inc ($467k), Ginger Cove Foundation Inc ($468k) and Volunteers Inspiring & Encouraging Positive Attitude Resilience & Ser ($467k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 84% of the total. At year end it held assets of $278k against liabilities of $0, net assets of $278k.