Quillayute Valley School District Scholarship Fund Incorporated

Analysis

Quillayute Valley School District Scholarship Fund Incorporated is a registered charity in United States, based in Forks, WA. It received its IRS tax-exemption ruling in November 1965, 61 years ago. 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, Quillayute Valley School District Scholarship Fund Incorporated reported income of $228k and spending of $354k, spending 155% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $139k to $228k (+64%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 177%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Quillayute Valley School District Scholarship Fund Incorporated sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include St Vrain Historical Society Inc ($228k), Association of Fundraising Professionals ($228k) and Healing 4 Heroes Inc ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $369k against liabilities of $451k, net assets of -$82k.