Mount Baker Scholarship Foundation

Analysis

Mount Baker Scholarship Foundation is a registered charity in United States, based in Deming, WA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Mount Baker Scholarship Foundation reported income of $1.9m and spending of $152k, leaving 92% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.9m (+80%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 208%. Over the whole period it spent 20% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mount Baker Scholarship Foundation sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within WA. Charities of a similar size with the same main cause include Hartsprings Foundation Inc ($1.9m), Childrens Investment Fund Inc ($1.9m) and The Moonridge Foundation ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $6.4m against liabilities of $0, net assets of $6.4m.