Naaa Warren Young Sr Scholastic Foundation Inc

Analysis

Naaa Warren Young Sr Scholastic Foundation Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Naaa Warren Young Sr Scholastic Foundation Inc reported income of $164k and spending of $89k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income fell from $168k to $164k (-2.3%), an average of -2.3% a year. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Naaa Warren Young Sr Scholastic Foundation 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 49th percentile, and in the 49th percentile within MD. Charities of a similar size with the same main cause include Pelican Sound Charitable Foundation Inc ($164k), 1st Lieutenant Derek Hines Soldiersassistance Fund Inc ($164k) and North Idaho Fair and Rodeo Foundation Inc ($164k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 15% of the total. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.