Maple Valley Memorial Scholarship Foundation

Analysis

Maple Valley Memorial Scholarship Foundation is a registered charity in United States, based in Nashville, MI. It received its IRS tax-exemption ruling in November 1988, 38 years ago. 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 2023, Maple Valley Memorial Scholarship Foundation reported income of $149k and spending of $77k, leaving 48% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $1.2m to $149k (-88%), an average of -88% a year. The sharpest change came in the year to June 2023, when income dropped by 88%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maple Valley Memorial Scholarship Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MI. Charities of a similar size with the same main cause include Congregational Health and Education Network ($149k), American Academy of Pediatrics District VIII Section on Neonatal ($149k) and Friends of the Cultural Arts Center ($149k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.