Castle Pines Scholarship Foundation Inc

Analysis

Castle Pines Scholarship Foundation Inc is a registered charity in United States, based in Castle Rock, CO. It received its IRS tax-exemption ruling in November 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, Castle Pines Scholarship Foundation Inc reported income of $377k and spending of $291k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $400k to $377k (-5.7%), an average of -1.5% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Castle Pines Scholarship Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CO. Charities of a similar size with the same main cause include Jones Family Foundation ($377k), Valley Parent Preschool ($377k) and Union City Rotary Foundation Inc ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m.