Witter Coin Scholarship Fund

Analysis

Witter Coin Scholarship Fund is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Witter Coin Scholarship Fund reported income of $97k and spending of $91k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $154k to $97k (-37%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Witter Coin Scholarship Fund sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Powers Community Scholarship Fund ($97k), Welker Educational Scholarship and Loan Fund ($97k) and Hope Academy International Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,098 against liabilities of $0, net assets of $8,098.