Condon Scholarship Foundation

Analysis

Condon Scholarship Foundation is a registered charity in United States, based in Condon, OR. It received its IRS tax-exemption ruling in February 2017, 9 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, Condon Scholarship Foundation reported income of $60k and spending of $63k, spending 105% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $75k to $60k (-20%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Condon Scholarship Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within OR. Charities of a similar size with the same main cause include MV Vision Fellowship Fund ($60k), Tri-Valley 12th Man Club ($60k) and Red Bank Library Foundation a New Jersey Nonprofit Corporation ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $428k against liabilities of $0, net assets of $428k.