New Trier High School Scholarship Trust Fund

Analysis

New Trier High School Scholarship Trust Fund is a registered charity in United States, based in Northfield, IL. It received its IRS tax-exemption ruling in September 1949, 77 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New Trier High School Scholarship Trust Fund reported income of $154k and spending of $253k, spending 164% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $177k to $154k (-13%), an average of -3.4% a year. The sharpest change came in the year to June 2021, when income rose by 113%. Over the whole period it spent 135% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Trier High School Scholarship Trust Fund 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 48th percentile, and in the 48th percentile within IL. Charities of a similar size with the same main cause include American Society of Civil Engineers ($154k), Boone County Pee-Wee Football Boosters Club Inc ($154k) and Masonic Scholarship Endowment Trust of West Virginia ($154k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $4.5m against liabilities of $0, net assets of $4.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.