Grant W Koch Scholarship Fund

Analysis

Grant W Koch Scholarship Fund is a registered charity in United States, based in Holyoke, MA. It received its IRS tax-exemption ruling in October 1984, 42 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, Grant W Koch Scholarship Fund reported income of $54k and spending of $42k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $27k to $54k (+105%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 413%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grant W Koch Scholarship Fund sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include Little League Baseball Inc ($54k), No Sister Left Behind ($54k) and 1414 Club ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $576k against liabilities of $0, net assets of $576k.