William Bonner Ingram Scholarship Fund Inc

Analysis

William Bonner Ingram Scholarship Fund Inc is a registered charity in United States, based in Palestine, TX. It received its IRS tax-exemption ruling in August 1998, 28 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, William Bonner Ingram Scholarship Fund Inc reported income of $132k and spending of $29k, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $72k to $132k (+84%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 351%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, William Bonner Ingram Scholarship Fund Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Patricia V Damon Merit Scholarship Fund for the Benefit of Carleton ($132k), Castle Rock School Community Club ($132k) and Pleasant Hill Booster Club ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $748k against liabilities of $0, net assets of $748k.