Blaine Scholarship Foundation

Analysis

Blaine Scholarship Foundation is a registered charity in United States, based in Blaine, WA. It received its IRS tax-exemption ruling in March 2024, 2 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 December 2023, Blaine Scholarship Foundation reported income of $151k and spending of $49k, leaving 68% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $132k to $151k (+14%), an average of +4.5% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blaine Scholarship Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within WA. Charities of a similar size with the same main cause include Abington Heights Civic League Inc ($151k), Inner Force Economic Development Corp ($151k) and Youthpower Community Solutions ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $544k against liabilities of $0, net assets of $544k.