Blue White Scholarship Foundation

Analysis

Blue White Scholarship Foundation is a registered charity in United States, based in Berwyn, PA. It received its IRS tax-exemption ruling in December 2001, 25 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 May 2024, Blue White Scholarship Foundation reported income of $777k and spending of $339k, leaving 56% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $487k to $777k (+59%), an average of +12% a year. The sharpest change came in the year to May 2024, when income rose by 156%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blue White Scholarship Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Hill Country Educational Leadership ($777k), Hebrew Day School of Sullivan County ($777k) and Way Christian Academy Inc ($777k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $99k (29% of expenses). At year end it held assets of $1.6m against liabilities of $147k, net assets of $1.5m.