Elkhorn Area High School Scholarship Foundation Inc

Analysis

Elkhorn Area High School Scholarship Foundation Inc is a registered charity in United States, based in Elkhorn, WI. It received its IRS tax-exemption ruling in April 1987, 39 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, Elkhorn Area High School Scholarship Foundation Inc reported income of $422k and spending of $231k, leaving 45% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $270k to $422k (+57%), an average of +9.4% a year. The sharpest change came in the year to June 2020, when income rose by 62%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elkhorn Area High School Scholarship Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within WI. Charities of a similar size with the same main cause include Alabama Justice Initiative ($422k), Kootenai Valley Christian School Inc ($423k) and National Association of State Directors of Adult Education Inc ($422k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% of the total. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.