Allamakee Scholarship Fund Inc

Analysis

Allamakee Scholarship Fund Inc is a registered charity in United States, based in Waukon, IA. It received its IRS tax-exemption ruling in April 2015, 11 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, Allamakee Scholarship Fund Inc reported income of $133k and spending of $99k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $98k to $133k (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Allamakee Scholarship Fund Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within IA. Charities of a similar size with the same main cause include University of Kentucky Equine Research Foundation Inc ($133k), Samuel W Smith Memorial Public Library ($133k) and Ace Mentor Program of Greater Nashville Inc ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.