Kirk Edward Nairn Memorial Scholarship Fund

Analysis

Kirk Edward Nairn Memorial Scholarship Fund is a registered charity in United States, based in Abingdon, VA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2022, Kirk Edward Nairn Memorial Scholarship Fund reported income of $100k and spending of $56k, leaving 44% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $87k to $100k (+14%), an average of +4.5% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 41% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kirk Edward Nairn Memorial Scholarship Fund sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Roanoke County Public Schools Education Foundation Inc ($100k), Camps for Kids Inc ($100k) and Shining Star Preschool ($100k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 44% of the total. At year end it held assets of $229k against liabilities of $0, net assets of $229k.