William Widdy Neale Scholarship Fund Inc

Analysis

William Widdy Neale Scholarship Fund Inc is a registered charity in United States, based in Rocky Hill, CT. It received its IRS tax-exemption ruling in August 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, William Widdy Neale Scholarship Fund Inc reported income of $142k and spending of $98k, leaving 31% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income fell from $411k to $142k (-65%), an average of -23% a year. The sharpest change came in the year to October 2020, when income dropped by 49%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, William Widdy Neale Scholarship Fund Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within CT. Charities of a similar size with the same main cause include Ponderosa Quarterback Club ($142k), Sharon Public Library Foundation Inc ($142k) and Duke Scholarly Exhibits Inc ($142k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $883k against liabilities of $12k, net assets of $871k.