Id-Ra-Ha-Je Scholarship Foundation

Analysis

Id-Ra-Ha-Je Scholarship Foundation is a registered charity in United States, based in Bailey, CO. It received its IRS tax-exemption ruling in April 1987, 39 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Id-Ra-Ha-Je Scholarship Foundation reported income of $199k and spending of $115k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $211k to $199k (-5.6%), an average of -1.4% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Id-Ra-Ha-Je Scholarship Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 50th percentile within CO. Charities of a similar size with the same main cause include San Gabriel Valley Alano Club ($199k), Ardis Egan Jr High School PTA ($199k) and Mountain Springs Swimming Club Inc ($199k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $778k against liabilities of $4,355, net assets of $774k.