Charity Search / KRESGE FOUNDATION
Philanthropy & Grantmaking (T22) 990 on File

KRESGE FOUNDATION

EIN: 38-1359217 · TROY, MI 48084-2818 · United States · FY 2024 Data
3 out of 5 41 / 100 Based on 2+ years of filings
Financial strength (30%) 57/100
Reliability (20%) 55/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$61.3M
Total Revenue
$214.4M
Total Expenses
$3868.3M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 96.6%
Fundraising Efficiency N/A
Operating Reserve 216.50x
Liability-to-Asset 2.9%
Revenue Diversification 287.2%
Executive Compensation $4.7M
Compared with Peers
FY 2024
Compared with 126 similar organizations (United States, Philanthropy & Grantmaking, $100M and over in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
96.6% 96.3%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
216.5 mo 63.5 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
2.9% 3.3%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
287.2% 92.4%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-78.1% 29.3%
P10P90
Expense growth
Year over year expense growth
-9.3% 13.0%
P10P90
Surplus margin
Surplus as a share of revenue
-250.0% 6.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $61.3M $214.4M $3868.3M 96.6% —
2023 $279.7M $236.4M $3937.5M 83.5% —
2022 $245.0M $214.6M $3926.2M 90.6% —
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Organization Details
EIN
38-1359217
State
MI
City
TROY
ZIP
48084-2818
Classification
T22
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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