Wayland High School Scholarship Committee

Analysis

Wayland High School Scholarship Committee is a registered charity in United States, based in Wayland, MA. It received its IRS tax-exemption ruling in November 1983, 43 years ago. 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, Wayland High School Scholarship Committee reported income of $129k and spending of $125k, spending 96% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $135k to $129k (-3.9%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wayland High School Scholarship Committee sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Theatre Knoxville Inc ($129k), Tri-County Central Office Inc ($129k) and Dayton Rotary Club Foundation ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.