Avon Grove Scholarship Foundation

Analysis

Avon Grove Scholarship Foundation is a registered charity in United States, based in West Grove, PA. It received its IRS tax-exemption ruling in May 1985, 41 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 September 2023, Avon Grove Scholarship Foundation reported income of $150k and spending of $84k, leaving 44% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $169k to $150k (-11%), an average of -3.0% a year. The sharpest change came in the year to September 2023, when income rose by 267%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Avon Grove Scholarship Foundation sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within PA. Charities of a similar size with the same main cause include Fall Mountain Scholarship Fund Inc ($150k), Writerhouse ($150k) and Connell F Smith & Homer Brown Scholarship and Education Fund ($150k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $1.5m against liabilities of $24k, net assets of $1.4m.