Kappa Kappa Gamma Foundation

Analysis

Kappa Kappa Gamma Foundation is a registered charity in United States, based in Dublin, OH. It received its IRS tax-exemption ruling in November 1961, 65 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Kappa Kappa Gamma Foundation reported income of $3.8m and spending of $5.9m, spending 153% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.7m to $3.8m (-33%), an average of -9.4% a year. The sharpest change came in the year to June 2023, when income dropped by 65%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kappa Kappa Gamma Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Healey Education Foundation Inc ($3.8m), Charter School Hope Comunity a NJ Non Profit Corporation ($3.8m) and Partnership for Children & Families ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $162k (2.8% of expenses). Other salaries and wages came to $689k. It paid $132k in professional fundraising fees. At year end it held assets of $55.4m against liabilities of $1.4m, net assets of $53.9m.