Roland J Wotring Scholarship Fund

Analysis

Roland J Wotring Scholarship Fund is a registered charity in United States, based in Souderton, PA. It received its IRS tax-exemption ruling in July 1989, 37 years ago. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Roland J Wotring Scholarship Fund reported income of $606k and spending of $638k, spending 105% of what it took in. Across the 4 years on record, from January 2020 to January 2024, income grew from $106k to $606k (+469%), an average of +79% a year. The sharpest change came in the year to January 2022, when income rose by 1125%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Roland J Wotring Scholarship Fund sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Laguna Beach Boosters Club Inc ($606k), Leslie J Nickels Testamentary Trust ($606k) and Habitat for Humanity International Inc ($606k).

Compensation of current officers, directors and key employees was $73k (11% of expenses). At year end it held assets of $9.9m against liabilities of $0, net assets of $9.9m.