Urg Scholarship Foundation

Analysis

Urg Scholarship Foundation is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in October 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, Urg Scholarship Foundation reported income of $100k and spending of $53k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $150k to $100k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 39% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Urg Scholarship Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Vaughn Next Century Learning Centerfoundation ($100k), Band Parents of Winston Churchill High School Inc ($100k) and Hobart Group Homes Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $341k against liabilities of $0, net assets of $341k.