John P Burke Memorial Fund

Analysis

John P Burke Memorial Fund is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in October 1947, 79 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2023, John P Burke Memorial Fund reported income of $227k and spending of $233k, spending 103% of its income. Across the 4 years on record, from March 2020 to March 2023, income fell from $319k to $227k (-29%), an average of -11% a year. The sharpest change came in the year to March 2023, when income dropped by 15%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, John P Burke Memorial Fund sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within RI. Charities of a similar size with the same main cause include American Holistic Veterinary Medical Foundation Inc ($227k), Immigration Outreach Service Center Inc ($227k) and Hilltop Preschool ($227k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $2.2m against liabilities of $57k, net assets of $2.1m.