Kewaunee Area Scholarships Inc

Analysis

Kewaunee Area Scholarships Inc is a registered charity in United States, based in Kewaunee, WI. It received its IRS tax-exemption ruling in November 1982, 44 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 2024, Kewaunee Area Scholarships Inc reported income of $72k and spending of $125k, spending 174% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $68k to $72k (+5.9%), an average of +1.4% a year. The sharpest change came in the year to June 2021, when income rose by 114%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kewaunee Area Scholarships Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within WI. Charities of a similar size with the same main cause include Pacific Flyway Decoy Assoc Inc ($72k), Nami Mobile ($72k) and Middle East & North Africa Clinical Toxicology Association Inc ($72k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 38% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.