Kent City Schools Foundation

Analysis

Kent City Schools Foundation is a registered charity in United States, based in Kent, OH. It received its IRS tax-exemption ruling in October 2001, 25 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kent City Schools Foundation reported income of $66k and spending of $62k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $66k (-8.9%), an average of -8.9% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kent City Schools Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within OH. Charities of a similar size with the same main cause include Little League Baseball Inc ($66k), Bonebrake-Mcmurtrey Foundation Ltd ($66k) and Gla America ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. At year end it held assets of $324k against liabilities of $0, net assets of $324k.