Jake Hodge Memorial Scholarship Fund

Analysis

Jake Hodge Memorial Scholarship Fund is a registered charity in United States, based in Marion, KY. It received its IRS tax-exemption ruling in September 2010, 16 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 June 2024, Jake Hodge Memorial Scholarship Fund reported income of $57k and spending of $14k, leaving 75% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $47k to $57k (+22%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 22%. Over the whole period it spent 37% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jake Hodge Memorial Scholarship Fund sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within KY. Charities of a similar size with the same main cause include Ault Elementary Parent-Teacher Organization ($57k), Switzer Elementary Parent Teacher Organization ($57k) and Barracuda Band Parents Association Inc ($57k).

At year end it held assets of $365k against liabilities of $0, net assets of $365k.