Radnor High School Scholarship Fund

Analysis

Radnor High School Scholarship Fund is a registered charity in United States, based in Radnor, PA. It received its IRS tax-exemption ruling in March 1967, 59 years ago. 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 June 2023, Radnor High School Scholarship Fund reported income of $260k and spending of $129k, leaving 51% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $186k to $260k (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2022, when income dropped by 105%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Radnor High School Scholarship Fund sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Novato High School Boosters Club ($260k), Metropolitan Housing Development Corporation ($260k) and California Scholarship Federation ($260k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $1.5m against liabilities of $175k, net assets of $1.3m.