Dell Loy and Julie Hansen Scholars Foundation

Analysis

Dell Loy and Julie Hansen Scholars Foundation is a registered charity in United States, based in Logan, UT. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dell Loy and Julie Hansen Scholars Foundation reported income of $52k and spending of $101k, spending 195% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $52k (-96%), an average of -54% a year. The sharpest change came in the year to December 2021, when income dropped by 79%. Over the whole period it spent 32% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dell Loy and Julie Hansen Scholars Foundation sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within UT. Charities of a similar size with the same main cause include Wisconsin Council for the Social Studies ($52k), New Jersey Girls Soccer Coaches Association ($52k) and West Chester East High School PTO ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 134% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.