Scholarship Little Compton

Analysis

Scholarship Little Compton is a registered charity in United States, based in L Compton, RI. It received its IRS tax-exemption ruling in August 2015, 11 years ago. 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, Scholarship Little Compton reported income of $141k and spending of $115k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $190k to $141k (-26%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Scholarship Little Compton sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within RI. Charities of a similar size with the same main cause include Maine Administrators of Career and Technical Education ($141k), Womens Southern Golf Association ($141k) and Little League Baseball Inc ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $462k against liabilities of $0, net assets of $462k.