North Mason Scholarship Foundation

Analysis

North Mason Scholarship Foundation is a registered charity in United States, based in Belfair, WA. It received its IRS tax-exemption ruling in August 2014, 12 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, North Mason Scholarship Foundation reported income of $275k and spending of $119k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $106k to $275k (+158%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 205%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Mason Scholarship Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within WA. Charities of a similar size with the same main cause include Community Christian Ministries ($275k), Indianapolis AIDS Housing Corp ($275k) and Keokuk Public Library Foundation ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.