Kevin Babington Foundation

Analysis

Kevin Babington Foundation is a registered charity in United States, based in Westwood, MA. It received its IRS tax-exemption ruling in March 2024, 2 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 August 2023, Kevin Babington Foundation reported income of $650k and spending of $697k, spending 107% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income grew from $560k to $650k (+16%), an average of +5.1% a year. The sharpest change came in the year to August 2022, when income rose by 156%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kevin Babington Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Friends of Women in Recovery Inc ($650k), Mason General Hospital Foundation ($650k) and Medical Soceity of Sedgwick County Physician Leadership Alliance ($650k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $949k against liabilities of $0, net assets of $949k.