Brookings Harbor Scholarship Foundation Inc

Analysis

Brookings Harbor Scholarship Foundation Inc is a registered charity in United States, based in Brookings, OR. It received its IRS tax-exemption ruling in June 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Brookings Harbor Scholarship Foundation Inc reported income of $115k and spending of $240k, spending 208% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $378k to $115k (-70%), an average of -33% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brookings Harbor Scholarship Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within OR. Charities of a similar size with the same main cause include Police Foundations Third Decade Fund FR Improving Public Safety ($115k), Burleson Big Red Booster Club ($115k) and Northern California Kendo Federation ($115k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.9% of the total. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.