Dennis Henneke Memorial Scholarship Fund

Analysis

Dennis Henneke Memorial Scholarship Fund is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Dennis Henneke Memorial Scholarship Fund reported income of $78k and spending of $31k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2020 to December 2021, income grew from $66k to $78k (+19%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 40% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dennis Henneke Memorial Scholarship Fund sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Foundation for Wallingford- Swarthmore Schools ($78k), Lake Flyers Athletic Boosters ($78k) and Willis Wildkats Baseball Booster Club ($78k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 2.8% of the total. At year end it held assets of $578k against liabilities of $0, net assets of $578k.