Martin Kittle Scholarship Fund

Analysis

Martin Kittle Scholarship Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Martin Kittle Scholarship Fund reported income of $60k and spending of $25k, leaving 58% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $99k to $60k (-40%), an average of -40% a year. The sharpest change came in the year to June 2023, when income dropped by 40%. Over the whole period it spent 23% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Martin Kittle Scholarship Fund sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Phoenix Band & Color Guard Booster Club Inc ($60k), Overlake Preparatory Academy ($60k) and Adena Primary PTO ($60k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 30% of the total. At year end it held assets of $466k against liabilities of $0, net assets of $466k.