Schweiger Memorial Scholarship Fund

Analysis

Schweiger Memorial Scholarship Fund is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 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, Schweiger Memorial Scholarship Fund reported income of $148k and spending of $97k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $47k to $148k (+219%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 196%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Schweiger Memorial Scholarship Fund sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OR. Charities of a similar size with the same main cause include Formation Support for Vietnam ($148k), Unc Free Speech Alliance Inc ($148k) and Parent Booster USA Inc ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 264% of the total. At year end it held assets of $628k against liabilities of $0, net assets of $628k.