Nick Begich Scholarship Intern Fund

Analysis

Nick Begich Scholarship Intern Fund is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in April 1978, 48 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 September 2023, Nick Begich Scholarship Intern Fund reported income of $90k and spending of $85k, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $63k to $90k (+43%), an average of +9.3% a year. The sharpest change came in the year to September 2023, when income rose by 171%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nick Begich Scholarship Intern 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 34th percentile, and in the 29th percentile within AK. Charities of a similar size with the same main cause include Samaritans Together of Henry County Inc ($90k), Suffield Soccer Club Inc ($90k) and Earth Celebrations Inc ($90k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $15k (18% of expenses). At year end it held assets of $567k against liabilities of $401, net assets of $567k. It reported 1 employees.