Lieutenant Robert D Westberg Scholarship Inc

Analysis

Lieutenant Robert D Westberg Scholarship Inc is a registered charity in United States, based in Waterbury, CT. It received its IRS tax-exemption ruling in May 1975, 51 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, Lieutenant Robert D Westberg Scholarship Inc reported income of $105k and spending of $49k, leaving 54% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $70k to $105k (+51%), an average of +11% a year. The sharpest change came in the year to June 2024, when income rose by 146%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lieutenant Robert D Westberg Scholarship Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within CT. Charities of a similar size with the same main cause include Little League Baseball Inc ($105k), Student National Medical Association Inc ($105k) and Friends of the Needham Public Library Inc ($105k).

At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.