Nooksack Valley Scholarship Foundation

Analysis

Nooksack Valley Scholarship Foundation is a registered charity in United States, based in Nooksack, WA. It received its IRS tax-exemption ruling in September 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, Nooksack Valley Scholarship Foundation reported income of $54k and spending of $132k, spending 244% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $80k to $54k (-32%), an average of -9.4% a year. The sharpest change came in the year to December 2021, when income rose by 846%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nooksack Valley Scholarship Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 16th percentile within WA. Charities of a similar size with the same main cause include Lourdes Education Foundation ($54k), East Allen County Schools Educational Foundation Inc ($54k) and St Bernards Academy Foundation ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.