Karl Zeitler Memorial Inc

Analysis

Karl Zeitler Memorial Inc is a registered charity in United States, based in Abrams, WI. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, Karl Zeitler Memorial Inc reported income of $63k and spending of $60k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $44k to $63k (+42%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 626%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Karl Zeitler Memorial Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within WI. Charities of a similar size with the same main cause include Williamsburg Area Community Center Inc ($63k), Steps Vista Inc ($63k) and Hays Senior Center Inc ($63k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.