Kevin W Donovan Foundation Inc

Analysis

Kevin W Donovan Foundation Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Kevin W Donovan Foundation Inc reported income of $140k and spending of $57k, leaving 59% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $54k to $140k (+161%), an average of +161% a year. The sharpest change came in the year to June 2024, when income rose by 161%. Over the whole period it spent 42% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kevin W Donovan Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Womens Enews Inc ($140k), 512 Brothers & Sisters ($140k) and International Learning Center of Jacksonville Florida Inc ($140k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 111% of the total. Compensation of current officers, directors and key employees was $7,500 (13% of expenses). At year end it held assets of $112k against liabilities of $0, net assets of $112k.