West Bend Community & Alumni Scholarship Foundation Inc

Analysis

West Bend Community & Alumni Scholarship Foundation Inc is a registered charity in United States, based in West Bend, WI. It received its IRS tax-exemption ruling in August 1962, 64 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 August 2024, West Bend Community & Alumni Scholarship Foundation Inc reported income of $549k and spending of $373k, leaving 32% of income unspent that year. Across the 5 years on record, from August 2020 to August 2024, income grew from $287k to $549k (+91%), an average of +18% a year. The sharpest change came in the year to August 2021, when income rose by 120%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Bend Community & Alumni Scholarship Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within WI. Charities of a similar size with the same main cause include Irrigation Research Foundation ($549k), Don Babin Evangelistic Association Inc ($549k) and Buffalo County Housing Inc ($549k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 52% of the total. Other salaries and wages came to $12k. At year end it held assets of $4.4m against liabilities of $37k, net assets of $4.3m.