Kettering Parks Foundation

Analysis

Kettering Parks Foundation is a registered charity in United States, based in Kettering, OH. It received its IRS tax-exemption ruling in March 1983, 43 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 January 2024, Kettering Parks Foundation reported income of $120k and spending of $57k, leaving 53% of income unspent that year. Across the 3 years on record, from January 2022 to January 2024, income grew from $46k to $120k (+162%), an average of +62% a year. The sharpest change came in the year to January 2023, when income rose by 81%. Over the whole period it spent 54% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kettering Parks Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include South Bay Fastpitch Inc ($120k), Golden Coast Care ($120k) and Chippewa Falls Area Senior Center Inc ($120k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 21% of the total. At year end it held assets of $1.4m against liabilities of $855k, net assets of $522k.