Kidney Foundation of Ohio Real Estate Foundation

Analysis

Kidney Foundation of Ohio Real Estate Foundation is a registered charity in United States, based in Independence, OH. It received its IRS tax-exemption ruling in May 2006, 20 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kidney Foundation of Ohio Real Estate Foundation reported income of $62k and spending of $72k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $62k to $62k (+0.9%), an average of +0.2% a year. Over the whole period it spent 119% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kidney Foundation of Ohio Real Estate Foundation sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include The Fertel Foundation ($62k), Evan R Hansen Legacy Foundation ($62k) and Michael Petrone Foundation ($62k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $332k against liabilities of $151k, net assets of $181k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.