Wpma Scholarship Foundation Inc

Analysis

Wpma Scholarship Foundation Inc is a registered charity in United States, based in Taylorsville, UT. It received its IRS tax-exemption ruling in November 1997, 29 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 June 2024, Wpma Scholarship Foundation Inc reported income of $84k and spending of $36k, leaving 57% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $73k to $84k (+15%), an average of +2.8% a year. The sharpest change came in the year to June 2022, when income rose by 165%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wpma Scholarship Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within UT. Charities of a similar size with the same main cause include Haight Ashbury Community Nursery School ($84k), Freeport Area School Foundation ($84k) and Kenya Matters ($84k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. At year end it held assets of $726k against liabilities of $3,008, net assets of $722k.