Montgomery County A&m Club Scholarship Foundation

Analysis

Montgomery County A&m Club Scholarship Foundation is a registered charity in United States, based in The Woodlands, TX. It received its IRS tax-exemption ruling in June 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Montgomery County A&m Club Scholarship Foundation reported income of $80k and spending of $82k, spending 102% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $235k to $80k (-66%), an average of -66% a year. The sharpest change came in the year to December 2022, when income dropped by 66%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montgomery County A&m Club Scholarship Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Parent Booster USA Inc ($80k), Little League Baseball Inc ($80k) and Restored Coaching and Consulting ($80k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 49% of the total. At year end it held assets of $306k against liabilities of $0, net assets of $306k.