Harry Gore Scholarship

Analysis

Harry Gore Scholarship is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in December 1970, 56 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Harry Gore Scholarship reported income of $78k and spending of $215k, spending 275% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $305k to $78k (-74%), an average of -29% a year. The sharpest change came in the year to December 2022, when income dropped by 69%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harry Gore Scholarship sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within KS. Charities of a similar size with the same main cause include Friends of the University of Hawaii Cancer Center ($78k), Friends of the Elkins Park Free Library ($78k) and Texas Association of College and University Auditors ($78k).

Compensation of current officers, directors and key employees was $39k (18% of expenses). At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.