Alto Lakes Scholarship Fund Inc

Analysis

Alto Lakes Scholarship Fund Inc is a registered charity in United States, based in Alto, NM. It received its IRS tax-exemption ruling in June 2005, 21 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, Alto Lakes Scholarship Fund Inc reported income of $90k and spending of $62k, leaving 31% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $89k to $90k (+1.5%), an average of +0.7% a year. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alto Lakes Scholarship Fund Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 30th percentile within NM. Charities of a similar size with the same main cause include Hawthorne Education Foundation Inc ($90k), San Fernando Valley Japanese Language Institute ($90k) and Appropriate Technology Collaborative ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.