Norwood High School Scholarship Foundation Inc

Analysis

Norwood High School Scholarship Foundation Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in May 1986, 40 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, Norwood High School Scholarship Foundation Inc reported income of $137k and spending of $319k, spending 234% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $637k to $137k (-79%), an average of -32% a year. The sharpest change came in the year to December 2021, when income rose by 187%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Norwood High School Scholarship Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OH. Charities of a similar size with the same main cause include Marshall Elementary Parent Faculty Association ($137k), Leapfrog Montessori Forest School ($137k) and Global Air Drone Academy ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.