Sallie Pat Tackett Scholarship Fund

Analysis

Sallie Pat Tackett Scholarship Fund is a registered charity in United States, based in East Bank, WV. It received its IRS tax-exemption ruling in August 1992, 34 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, Sallie Pat Tackett Scholarship Fund reported income of $265k and spending of $150k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $344k to $265k (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2023, when income rose by 264%. 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, Sallie Pat Tackett Scholarship Fund sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within WV. Charities of a similar size with the same main cause include Inspire the Foundation for Education ($265k), Communities in Schools of Thomasville Inc ($265k) and L Ecole de Denver ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.