Wabasha-Kellogg Scholarship Foundation

Analysis

Wabasha-Kellogg Scholarship Foundation is a registered charity in United States, based in Wabasha, MN. It received its IRS tax-exemption ruling in October 2013, 13 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, Wabasha-Kellogg Scholarship Foundation reported income of $60k and spending of $44k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $60k (+9.6%), an average of +9.6% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wabasha-Kellogg Scholarship Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include Parent Advisory Council of Boulder ($60k), Necma Foundation Inc ($60k) and Eagle Club Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $222k against liabilities of $0, net assets of $222k.