Grafton Community Scholarship Fund Inc

Analysis

Grafton Community Scholarship Fund Inc is a registered charity in United States, based in Grafton, WI. It received its IRS tax-exemption ruling in December 1994, 32 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, Grafton Community Scholarship Fund Inc reported income of $64k and spending of $31k, leaving 51% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $28k to $64k (+129%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 135%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grafton Community Scholarship Fund Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within WI. Charities of a similar size with the same main cause include Pearl Improvement and Recreation Council ($64k), PTA California Congress of Parents Teachers & Students Inc ($64k) and Home for Good Re-Entry Resource Referral Center ($64k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 62% of the total. At year end it held assets of $420k against liabilities of $0, net assets of $420k.