Charles R Kendall Scholarship and Education Fund

Analysis

Charles R Kendall Scholarship and Education Fund is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in July 1967, 59 years ago. 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 June 2023, Charles R Kendall Scholarship and Education Fund reported income of $150k and spending of $61k, leaving 59% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $124k to $150k (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Charles R Kendall Scholarship and Education Fund sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within HI. Charities of a similar size with the same main cause include Poe Nursery School Inc ($150k), Owens Volunteer Fire Department Inc ($150k) and Jackson Hospital Foundation Inc ($150k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $2.3m against liabilities of $42k, net assets of $2.3m.