Kaitlin a Kazanjian Memorial Scholarship Fund Inc

Analysis

Kaitlin a Kazanjian Memorial Scholarship Fund Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Kaitlin a Kazanjian Memorial Scholarship Fund Inc reported income of $368k and spending of $95k, leaving 74% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $201k to $368k (+83%), an average of +83% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 31% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kaitlin a Kazanjian Memorial Scholarship Fund Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Learning Garden Inc ($368k), PTA Georgia Congress ($368k) and PTA California Congress of Parents Teachers & Students Inc ($368k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 135% of the total. At year end it held assets of $391k against liabilities of $0, net assets of $391k.