Trevor Wehner Memorial Scholarship Inc

Analysis

Trevor Wehner Memorial Scholarship Inc is a registered charity in United States, based in Ottawa, IL. It received its IRS tax-exemption ruling in June 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Trevor Wehner Memorial Scholarship Inc reported income of $208k and spending of $38k, leaving 82% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $220k to $208k (-5.6%), an average of -2.8% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 6.5% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Trevor Wehner Memorial Scholarship Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Fay Ranches Community Foundation ($208k), White Family Supporting Foundation ($208k) and Charlotte Hall Rotary Foundation Inc ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $603k against liabilities of $0, net assets of $603k.