Puget Sound Engineering & Science Scholarship Fund

Analysis

Puget Sound Engineering & Science Scholarship Fund is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in June 2000, 26 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, Puget Sound Engineering & Science Scholarship Fund reported income of $82k and spending of $74k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $82k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Puget Sound Engineering & Science Scholarship Fund sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 27th percentile within WA. Charities of a similar size with the same main cause include WCHS Baseball Dugout Club ($82k), Ratchet Rocker Robotics ($82k) and Westhill Booster Club Inc ($82k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $445k against liabilities of $0, net assets of $445k.