Rebecca K Hyland Memorial Scholarship Fund

Analysis

Rebecca K Hyland Memorial Scholarship Fund is a registered charity in United States, based in Chagrin Falls, OH. It received its IRS tax-exemption ruling in February 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, Rebecca K Hyland Memorial Scholarship Fund reported income of $76k and spending of $18k, leaving 76% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $91k to $76k (-16%), an average of -5.7% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 17% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rebecca K Hyland Memorial Scholarship Fund sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within OH. Charities of a similar size with the same main cause include Academy of Biomimetic Dentistry ($76k), Northwest Gis User Group Inc ($76k) and Whos on First Baseball Booster Club ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $675k against liabilities of $0, net assets of $675k.