Chetek Weyerhaeuser Scholarship Foundation Inc

Analysis

Chetek Weyerhaeuser Scholarship Foundation Inc is a registered charity in United States, based in Chetek, WI. It received its IRS tax-exemption ruling in June 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 December 2023, Chetek Weyerhaeuser Scholarship Foundation Inc reported income of $978k and spending of $101k, leaving 90% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $117k to $978k (+739%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 477%. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chetek Weyerhaeuser Scholarship Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include Promys Foundation ($978k), Tech Foundry Inc ($978k) and Cajal Academy Inc ($978k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $2.0m against liabilities of $63k, net assets of $2.0m.