Idaho Governors Cup Scholarshipfund Inc

Analysis

Idaho Governors Cup Scholarshipfund Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in December 2007, 19 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, Idaho Governors Cup Scholarshipfund Inc reported income of $446k and spending of $540k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $559k to $446k (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2022, when income dropped by 44%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Idaho Governors Cup Scholarshipfund Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within ID. Charities of a similar size with the same main cause include Edgewater Collective ($446k), Read Muskegon ($446k) and Robert Brent Parent Teacher Association ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $85k. At year end it held assets of $1.4m against liabilities of $1.3m, net assets of $85k. It reported 2 employees.