Oscar & Mildred Larson Scholarship Trust at Muhlenberg College

Analysis

Oscar & Mildred Larson Scholarship Trust at Muhlenberg College is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in June 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Oscar & Mildred Larson Scholarship Trust at Muhlenberg College reported income of $78k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $57k to $78k (+38%), an average of +8.4% a year. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oscar & Mildred Larson Scholarship Trust at Muhlenberg College sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within PA. Charities of a similar size with the same main cause include Alpha-Omega Crisis Center Inc ($78k), Illinois Congress of Parents and Teachers ($78k) and Live Like Norah Inc ($78k).

At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m.