Jim Kilburg Memorial Scholarship

Analysis

Jim Kilburg Memorial Scholarship is a registered charity in United States, based in Park Ridge, IL. It received its IRS tax-exemption ruling in February 2022, 4 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 2023, Jim Kilburg Memorial Scholarship reported income of $111k and spending of $13k, leaving 89% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $31k to $111k (+260%), an average of +260% a year. The sharpest change came in the year to December 2023, when income rose by 260%. Over the whole period it spent 19% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jim Kilburg Memorial Scholarship sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within IL. Charities of a similar size with the same main cause include The Boyd County Quarterback Club ($111k), Lunion Francaise ($111k) and Pine Cone Foundation ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $189k against liabilities of $0, net assets of $189k.