West Central Valley Scholarships

Analysis

West Central Valley Scholarships is a registered charity in United States, based in Stuart, IA. It received its IRS tax-exemption ruling in September 2022, 4 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, West Central Valley Scholarships reported income of $123k and spending of $76k, leaving 38% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $66k to $123k (+86%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 838%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, West Central Valley Scholarships sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within IA. Charities of a similar size with the same main cause include Ingram Lee Foundation ($123k), Meridian Library District Foundation Inc ($123k) and Asc Educational Foundation Inc ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $770k against liabilities of $14k, net assets of $756k.