GWR Scholarships Inc

Analysis

GWR Scholarships Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2011, 15 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, GWR Scholarships Inc reported income of $300k and spending of $235k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $219k to $300k (+37%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 6066%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, GWR Scholarships Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Pma Education Fund ($300k), Alexandria Montessori School Inc ($300k) and Peoples Library Inc ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 146% of the total. At year end it held assets of $370k against liabilities of $59k, net assets of $311k.