Beaver Dam Scholarship Foundation I

Analysis

Beaver Dam Scholarship Foundation I is a registered charity in United States, based in Beaver Dam, WI. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Beaver Dam Scholarship Foundation I reported income of $965k and spending of $273k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $290k to $965k (+233%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 135%. Over the whole period it spent 53% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Beaver Dam Scholarship Foundation I sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include Telecompioneers Charitable Foundation ($964k), Jewish Federation of Somerset County ($965k) and Manchester Masonic Temple Association ($963k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $4.9m against liabilities of $0, net assets of $4.9m.