Katie Kirlin Memorial Charitable Trust

Analysis

Katie Kirlin Memorial Charitable Trust is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 1990, 36 years ago. 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, Katie Kirlin Memorial Charitable Trust reported income of $170k and spending of $145k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $147k to $170k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 283%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Katie Kirlin Memorial Charitable Trust sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within PA. Charities of a similar size with the same main cause include Idaho Falls School District 91 Education Foundation Inc ($170k), Minnesota Cheerleading Coaches Association ($170k) and Reinbeck Firemen Inc ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.