Waverly-Shell Rock Educational Fund

Analysis

Waverly-Shell Rock Educational Fund is a registered charity in United States, based in Waverly, IA. It received its IRS tax-exemption ruling in January 2014, 12 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, Waverly-Shell Rock Educational Fund reported income of $278k and spending of $108k, leaving 61% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $156k to $278k (+78%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 130%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Waverly-Shell Rock Educational Fund sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within IA. Charities of a similar size with the same main cause include Great Basin Outdoor School ($278k), Tims Preschool Inc ($278k) and Wisconsin Pharmacy Foundation Inc ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $665k against liabilities of $0, net assets of $665k.