Fall Mountain Scholarship Fund Inc

Analysis

Fall Mountain Scholarship Fund Inc is a registered charity in United States, based in Walpole, NH. It received its IRS tax-exemption ruling in May 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 2024, Fall Mountain Scholarship Fund Inc reported income of $150k and spending of $68k, leaving 55% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $46k to $150k (+228%), an average of +35% a year. The sharpest change came in the year to June 2021, when income rose by 558%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fall Mountain Scholarship Fund Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within NH. Charities of a similar size with the same main cause include Connell F Smith & Homer Brown Scholarship and Education Fund ($150k), Avon Grove Scholarship Foundation ($150k) and Heal Los Angeles Foundation ($149k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.