Western Stock Show Association Scholarship Trust

Analysis

Western Stock Show Association Scholarship Trust is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 March 2024, Western Stock Show Association Scholarship Trust reported income of $1.5m and spending of $747k, leaving 50% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income fell from $2.7m to $1.5m (-44%), an average of -14% a year. The sharpest change came in the year to March 2024, when income rose by 53%. Over the whole period it spent 45% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Western Stock Show Association Scholarship Trust sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within CO. Charities of a similar size with the same main cause include Minnesota Military Family Foundation ($1.5m), United Way of South Mississippi Inc ($1.5m) and Old North Foundation of Boston Inc ($1.5m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 39% of the total. Other salaries and wages came to $6. At year end it held assets of $16.5m against liabilities of $118k, net assets of $16.4m.