F B Kirchner Scholarship Fund

Analysis

F B Kirchner Scholarship Fund is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 1993, 33 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, F B Kirchner Scholarship Fund reported income of $77k and spending of $53k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $76k to $77k (+1.3%), an average of +0.3% a year. The sharpest change came in the year to December 2023, when income rose by 119%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, F B Kirchner Scholarship Fund sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Educational Services of Hampton Roads Inc ($77k), Friends of Dpny Inc ($77k) and Laura Ingalls Wilder Elementary Parent Teacher Organization ($77k).

Compensation of current officers, directors and key employees was $13k (25% of expenses). At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.