Carol Fitzgerald Memorial Fund

Analysis

Carol Fitzgerald Memorial Fund is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Carol Fitzgerald Memorial Fund reported income of $70k and spending of $278, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70 to $70k (+99296%), an average of +99296% a year. The sharpest change came in the year to December 2023, when income rose by 99296%. Over the whole period it spent 0.6% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Carol Fitzgerald Memorial 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 27th percentile, and in the 24th percentile within MN. Charities of a similar size with the same main cause include Scott Coopersmith Stroke Awareness Foundation ($70k), Sunrise Tulsa Rotary Foundation Inc ($70k) and Granite Gives Back Inc ($70k).

At year end it held assets of $73k against liabilities of $0, net assets of $73k.