Weston Metco Scholarship Fund Inc

Analysis

Weston Metco Scholarship Fund Inc is a registered charity in United States, based in Weston, MA. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Weston Metco Scholarship Fund Inc reported income of $265k and spending of $100k, leaving 62% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $148k to $265k (+79%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 155%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Weston Metco Scholarship Fund Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Gods Gym Inc ($265k), Relief From Cancer ($265k) and Circle of Hearts Foundation ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $440k against liabilities of $0, net assets of $440k.