Doug Shaw Scholarship

Analysis

Doug Shaw Scholarship is a registered charity in United States, based in Myrtle Beach, SC. It received its IRS tax-exemption ruling in May 2019, 7 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 December 2023, Doug Shaw Scholarship reported income of $89k and spending of $91k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $29k to $89k (+208%), an average of +208% a year. The sharpest change came in the year to December 2023, when income rose by 208%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Doug Shaw Scholarship sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 40th percentile within SC. Charities of a similar size with the same main cause include Center Ann Sullivan Inc ($89k), Adolphus Elementary PTO ($89k) and Watertown-Mayer Royal Boosters ($89k).

At year end it held assets of $785 against liabilities of $0, net assets of $785.