W L D Johnson Scholarship Foundation

Analysis

W L D Johnson Scholarship Foundation is a registered charity in United States, based in Humble, TX. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2023, W L D Johnson Scholarship Foundation reported income of $96k and spending of $59k, leaving 39% of income unspent that year. Across the 2 years on record, from March 2022 to March 2023, income fell from $184k to $96k (-48%), an average of -48% a year. The sharpest change came in the year to March 2023, when income dropped by 48%. Over the whole period it spent 29% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, W L D Johnson Scholarship Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Historical Society of Carnegie Pa ($96k), Saint Joseph School Foundation ($96k) and Ocpac Foundation ($96k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 111% of the total. At year end it held assets of $532k against liabilities of $1,100, net assets of $531k.