Staples High School Tuition Grants Committee Inc

Analysis

Staples High School Tuition Grants Committee Inc is a registered charity in United States, based in Westport, CT. It received its IRS tax-exemption ruling in March 1976, 50 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 July 2024, Staples High School Tuition Grants Committee Inc reported income of $451k and spending of $416k, spending 92% of its income. Across the 6 years on record, from July 2019 to July 2024, income fell from $500k to $451k (-9.8%), an average of -2.0% a year. The sharpest change came in the year to July 2021, when income rose by 32%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Staples High School Tuition Grants Committee Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within CT. Charities of a similar size with the same main cause include Vmi Inc ($451k), Association for Health Learning and Infernece Inc ($451k) and Galveston Independent School District Educational Foundation ($451k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 81% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.