Delano Area Scholarship Association

Analysis

Delano Area Scholarship Association is a registered charity in United States, based in Delano, MN. It received its IRS tax-exemption ruling in July 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 December 2023, Delano Area Scholarship Association reported income of $88k and spending of $86k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $88k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Delano Area Scholarship Association sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within MN. Charities of a similar size with the same main cause include Houston Heights Womans Club ($88k), Future Champions Foundation Inc ($88k) and Sel Providers Association Inc ($88k).

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 $191k against liabilities of $0, net assets of $191k.