Kevin Oconnor Scholarship Fund Inc

Analysis

Kevin Oconnor Scholarship Fund Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in November 1953, 73 years ago. 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 August 2024, Kevin Oconnor Scholarship Fund Inc reported income of $144k and spending of $128k, spending 89% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $110k to $144k (+31%), an average of +7.0% a year. The sharpest change came in the year to August 2021, when income rose by 47%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kevin Oconnor Scholarship Fund Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NE. Charities of a similar size with the same main cause include South Fulton Institute Inc ($144k), PTA Georgia Congress ($144k) and Atlantic Coast Club Inc ($144k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 84% of the total. At year end it held assets of $918k against liabilities of $0, net assets of $918k.