Kent Center School Scholarship Fund Inc

Analysis

Kent Center School Scholarship Fund Inc is a registered charity in United States, based in Kent, CT. It received its IRS tax-exemption ruling in April 1983, 43 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 December 2023, Kent Center School Scholarship Fund Inc reported income of $126k and spending of $99k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $132k to $126k (-4.8%), an average of -1.2% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kent Center School Scholarship Fund Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within CT. Charities of a similar size with the same main cause include Diversity in Dentistry Mentorships Inc ($126k), Adult Lutherans Organized for Action Inc ($126k) and Topsail High School Music Boosters Inc ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 10.0% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.