Taunton High School Faculty and Community Scholarship Fund Inc
Analysis
Taunton High School Faculty and Community Scholarship Fund Inc is a registered charity in United States, based in Taunton, MA. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Taunton High School Faculty and Community Scholarship Fund Inc reported income of $116k and spending of $133k, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $73k to $116k (+60%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 110% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Taunton High School Faculty and Community Scholarship Fund Inc 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 41st percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include Marshall Public Education Foundation Inc ($116k), Kingston Cooperative Preschool ($116k) and Let Our Voices Empower Inc ($116k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% of the total. At year end it held assets of $756k against liabilities of $0, net assets of $756k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 80%
- Other 20%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Marshall Public Education Foundation Inc | Marshall | $116k |
| Kingston Cooperative Preschool | Kingston | $116k |
| Let Our Voices Empower Inc | Hampton | $116k |
| Panther Boosters Inc | Glencoe | $116k |