Elliott Fam TR Fbo Kentucky Christian College Scholarship Fund

Analysis

Elliott Fam TR Fbo Kentucky Christian College Scholarship Fund is a registered charity in United States, based in Danville, KY. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Elliott Fam TR Fbo Kentucky Christian College Scholarship Fund reported income of $52k and spending of $9,426, leaving 82% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $38k to $52k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elliott Fam TR Fbo Kentucky Christian College Scholarship Fund sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within KY. Charities of a similar size with the same main cause include Boone Meadow Parent Teacher Organization ($52k), Pennsbury Instrumental Music Boosters Incorporated ($52k) and Turkey Valley Education Foundation ($52k).

Compensation of current officers, directors and key employees was $8,771 (93% of expenses). At year end it held assets of $932k against liabilities of $0, net assets of $932k.