Mossyrock Viking Scholarship Fund Association

Analysis

Mossyrock Viking Scholarship Fund Association is a registered charity in United States, based in Mossyrock, WA. It received its IRS tax-exemption ruling in October 1983, 43 years ago. 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, Mossyrock Viking Scholarship Fund Association reported income of $81k and spending of $143k, spending 177% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $90k to $81k (-10%), an average of -2.6% a year. The sharpest change came in the year to December 2021, when income rose by 125%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mossyrock Viking Scholarship Fund Association sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 26th percentile within WA. Charities of a similar size with the same main cause include Kalida Local School Athletic Booster Club ($81k), Mexican War Streets Society Inc ($81k) and Chera Inc ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $1.9m against liabilities of $136k, net assets of $1.8m.