East Montgomery County Scholarship Foundation

Analysis

East Montgomery County Scholarship Foundation is a registered charity in United States, based in New Caney, TX. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2022, East Montgomery County Scholarship Foundation reported income of $930k and spending of $734k, leaving 21% of income unspent that year. Across the 4 years on record, from September 2019 to September 2022, income fell from $2.8m to $930k (-67%), an average of -31% a year. The sharpest change came in the year to September 2021, when income rose by 859%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, East Montgomery County Scholarship Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Afsa Building Company ($929k), LLDC Lubbock Learning Difference Center ($930k) and Ross Valley Nursery School ($929k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 99% of the total. At year end it held assets of $6.8m against liabilities of -$1,600, net assets of $6.8m.