Spring Grove Area Scholarship Fund

Analysis

Spring Grove Area Scholarship Fund is a registered charity in United States, based in Spring Grove, PA. It received its IRS tax-exemption ruling in June 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 June 2023, Spring Grove Area Scholarship Fund reported income of $235k and spending of $198k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $145k to $235k (+62%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spring Grove Area Scholarship Fund sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include Nacogdoches Hope ($235k), Transitional Housing & Work Programs of Davidson Co ($235k) and Officer Daniel Boyle Scholarship Fund Inc ($235k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.