Lois Price-Spratlen Scholarship Foundation

Analysis

Lois Price-Spratlen Scholarship Foundation is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in January 2016, 10 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, Lois Price-Spratlen Scholarship Foundation reported income of $56k and spending of $50k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $56k (-14%), an average of -14% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lois Price-Spratlen Scholarship Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 16th percentile within WA. Charities of a similar size with the same main cause include Georgia Cattlemens Foundation Inc ($56k), Red Bird Mission Housing Incorporated ($56k) and New York State Restaurant Association Educational Foundt Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.8% of the total. At year end it held assets of $49k against liabilities of $43k, net assets of $6,471.