Powers Community Scholarship Fund

Analysis

Powers Community Scholarship Fund is a registered charity in United States, based in Powers, OR. It received its IRS tax-exemption ruling in December 1999, 27 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, Powers Community Scholarship Fund reported income of $97k and spending of $8,588, leaving 91% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $97k to $97k (+0.6%), an average of +0.1% a year. The sharpest change came in the year to December 2022, when income dropped by 160%. Over the whole period it spent 18% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Powers Community Scholarship Fund sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within OR. Charities of a similar size with the same main cause include Hope Academy International Inc ($97k), Witter Coin Scholarship Fund ($97k) and Trojan Boosters Club ($97k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $849k against liabilities of $1, net assets of $849k.