Steven Vanover Memorial Research & Scholarship Fund

Analysis

Steven Vanover Memorial Research & Scholarship Fund is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Steven Vanover Memorial Research & Scholarship Fund reported income of $146k and spending of $153k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $207k to $146k (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2021, when income dropped by 23%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Steven Vanover Memorial Research & Scholarship Fund sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within KY. Charities of a similar size with the same main cause include Cancer Kids of San Joaquin County Inc ($146k), Friends of Val Verde Health and Wellness Inc ($147k) and Vienna Vaccine Safety Initiative ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.