Jerry McDowell Memorial Scholarship Foundation

Analysis

Jerry McDowell Memorial Scholarship Foundation is a registered charity in United States, based in St Louis, MO. It received its IRS tax-exemption ruling in October 2008, 18 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, Jerry McDowell Memorial Scholarship Foundation reported income of $52k and spending of $41k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $52k (+11%), an average of +11% a year. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jerry McDowell Memorial Scholarship Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within MO. Charities of a similar size with the same main cause include Emergency Nurses Association ($52k), Perfect Harmony Booster Club C/O John F Kennedy High School ($52k) and Creative Kids Club Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.