Kouts High School Memorial Scholarship Fund

Analysis

Kouts High School Memorial Scholarship Fund is a registered charity in United States, based in Kouts, IN. It received its IRS tax-exemption ruling in August 1984, 42 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, Kouts High School Memorial Scholarship Fund reported income of $124k and spending of $53k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $64k to $124k (+93%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 43% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kouts High School Memorial Scholarship Fund sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within IN. Charities of a similar size with the same main cause include Friends of the Burbank Public Library ($124k), Fuller Center for Housing Inc ($124k) and Senior Resources of Broomfield Inc ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.