Kelli Joy Olaughlin Memorial Fund

Analysis

Kelli Joy Olaughlin Memorial Fund is a registered charity in United States, based in Indianhead PK, IL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2024, Kelli Joy Olaughlin Memorial Fund reported income of $54k and spending of $47k, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $140k to $54k (-62%), an average of -21% a year. The sharpest change came in the year to June 2024, when income rose by 104%. Over the whole period it spent 119% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kelli Joy Olaughlin Memorial Fund 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 21st percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include Pirate Classic Inc ($54k), The Willotis Marable Character First Center Inc ($54k) and Chandler Horizon Rotary Foundation ($54k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $508k against liabilities of $0, net assets of $508k.