Willmar Civic Scholarship Association Inc

Analysis

Willmar Civic Scholarship Association Inc is a registered charity in United States, based in Spicer, MN. It received its IRS tax-exemption ruling in December 1981, 45 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 December 2023, Willmar Civic Scholarship Association Inc reported income of $74k and spending of $77k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $46k to $74k (+61%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Willmar Civic Scholarship Association Inc sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within MN. Charities of a similar size with the same main cause include Buck Hill Art Association ($74k), Bellermine Boosters Club ($74k) and PTA New York Congress ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $201k against liabilities of $0, net assets of $201k.