Huhs Scholarship Foundation Inc

Analysis

Huhs Scholarship Foundation Inc is a registered charity in United States, based in Hartford, WI. It received its IRS tax-exemption ruling in March 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, Huhs Scholarship Foundation Inc reported income of $176k and spending of $83k, leaving 53% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $111k to $176k (+58%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Huhs Scholarship Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within WI. Charities of a similar size with the same main cause include Grant Jr Bulldogs Booster Club ($176k), Masonry Industry Training Assoc ($176k) and Mothers Tutoring Academy ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $11k (13% of expenses). At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.