William Lockridge Educational and Scholarship Fund

Analysis

William Lockridge Educational and Scholarship Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2012, 14 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, William Lockridge Educational and Scholarship Fund reported income of $106k and spending of $51k, leaving 52% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $119k to $106k (-11%), an average of -5.5% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, William Lockridge Educational and Scholarship Fund sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 20th percentile within DC. Charities of a similar size with the same main cause include Chelmsford High School All Sports Boosters Club Inc ($106k), Western Baptist Bible College ($106k) and Institute for Figuring ($106k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $401k against liabilities of $0, net assets of $401k.