Ronald Smallwood Scholarship Foundation

Analysis

Ronald Smallwood Scholarship Foundation is a registered charity in United States, based in KNG of Prussa, PA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ronald Smallwood Scholarship Foundation reported income of $83k and spending of $68k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $83k (+0.5%), an average of +0.5% a year. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ronald Smallwood Scholarship Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include Phenomenal Pearls Educational and Charitable Foundation ($83k), Pasadena Tennis Association ($83k) and Veteran Entrepreneurial Training and Resource Network Inc ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $182k against liabilities of $0, net assets of $182k.