Trustees of Fall River High School Alumni Scholarships

Analysis

Trustees of Fall River High School Alumni Scholarships is a registered charity in United States, based in Fall River, MA. It received its IRS tax-exemption ruling in October 1934, 92 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 December 2023, Trustees of Fall River High School Alumni Scholarships reported income of $1.0m and spending of $294k, leaving 71% of income unspent that year. Across the 5 years on record, from March 2019 to December 2023, income grew from $700k to $1.0m (+46%), an average of +9.8% a year. The sharpest change came in the year to December 2021, when income rose by 162%. Over the whole period it spent 34% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trustees of Fall River High School Alumni Scholarships sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Northern New York Library Network ($1.0m), Homeless Prevention Center ($1.0m) and Caulbridge School Education Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $15.6m against liabilities of $0, net assets of $15.6m.