New Rochelle High School Scholarship Fund Corp

Analysis

New Rochelle High School Scholarship Fund Corp is a registered charity in United States, based in Yorktown HTS, NY. It received its IRS tax-exemption ruling in November 1943, 83 years ago. 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, New Rochelle High School Scholarship Fund Corp reported income of $63k and spending of $88k, spending 140% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $120k to $63k (-48%), an average of -48% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Rochelle High School Scholarship Fund Corp sits at the 24th percentile: it is larger than about 24% 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 PTA California Congress of Parents Teachers and Students Inc ($63k), Camp Albemarle Incorporated ($63k) and Assam Foundation of North America Inc ($63k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 49% of the total. At year end it held assets of $830k against liabilities of $0, net assets of $830k.