Trey Duffy Scholarship Foundation

Analysis

Trey Duffy Scholarship Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Trey Duffy Scholarship Foundation reported income of $102k and spending of $49k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $64k to $102k (+60%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 3479%. Over the whole period it spent 16% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trey Duffy Scholarship Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within GA. Charities of a similar size with the same main cause include Rose Academies Inc ($102k), Rutland Mars - Making All Rockets Soar ($102k) and Cranberry Home & School Group ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% of the total. Compensation of current officers, directors and key employees was $15k (31% of expenses). At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.