Howard a Latta Scholarship Fund

Analysis

Howard a Latta Scholarship Fund is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in October 1986, 40 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, Howard a Latta Scholarship Fund reported income of $61k and spending of $97k, spending 160% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $59k to $61k (+2.9%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Howard a Latta Scholarship Fund sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within MO. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($61k), Westford Historical Society Inc ($61k) and Little League Baseball Inc ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% of the total. At year end it held assets of $905k against liabilities of $0, net assets of $905k.