Kettering College

Analysis

Kettering College is a registered charity in United States, based in Miamisburg, OH. It received its IRS tax-exemption ruling in April 1947, 79 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kettering College reported income of $1.14bn and spending of $1.01bn, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $946.9m to $1.14bn (+20%), an average of +4.8% a year. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kettering College 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 100th percentile, and in the 100th percentile within OH. Charities of a similar size with the same main cause include Childrens Health Care ($1.14bn), Chi St Lukes Health Baylor College of Medicine Medical Center ($1.14bn) and Virtu-West Jersey Health System Inc ($1.14bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $14.7m (1.5% of expenses). Other salaries and wages came to $305.3m. At year end it held assets of $1.46bn against liabilities of $503.6m, net assets of $958.8m. It reported 9,619 employees.