Reverend Dr a W Watkins Scholarship Fund Inc

Analysis

Reverend Dr a W Watkins Scholarship Fund Inc is a registered charity in United States, based in The Colony, TX. It received its IRS tax-exemption ruling in May 2004, 22 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, Reverend Dr a W Watkins Scholarship Fund Inc reported income of $61k and spending of $57k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $54k to $61k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reverend Dr a W Watkins Scholarship Fund Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include F N Brown School and Community Association ($61k), Tailwind Aviation Foundation Inc ($61k) and Tri-Valley Band Parents Association ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.