West Orange Scholarship Fund

Analysis

West Orange Scholarship Fund is a registered charity in United States, based in West Orange, NJ. It received its IRS tax-exemption ruling in February 1976, 50 years ago. 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 June 2024, West Orange Scholarship Fund reported income of $474k and spending of $232k, leaving 51% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $268k to $474k (+77%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 133%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Orange Scholarship Fund sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Brownsburg Village Inc ($474k), Circle of Friends ($474k) and Transformations by Austin Angels ($474k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. At year end it held assets of $1.9m against liabilities of $1,300, net assets of $1.9m.