Peter M Looser Scholarship Foundation

Analysis

Peter M Looser Scholarship Foundation is a registered charity in United States, based in Harrison, NY. It received its IRS tax-exemption ruling in December 2001, 25 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 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 September 2023, Peter M Looser Scholarship Foundation reported income of $64k and spending of $45k, leaving 30% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $63k to $64k (+0.8%), an average of +0.8% a year. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Peter M Looser Scholarship Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Friends of Westbrook School Foundation Inc ($64k), Firefighters to the Rescue Inc ($64k) and Ocmulgee Emc Foundation Inc ($64k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 110% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.