Tahoe Truckee Community Scholarship Committee

Analysis

Tahoe Truckee Community Scholarship Committee is a registered charity in United States, based in Truckee, CA. It received its IRS tax-exemption ruling in July 1979, 47 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 December 2023, Tahoe Truckee Community Scholarship Committee reported income of $1.1m and spending of $1.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $441k to $1.1m (+156%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 60%. 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, Tahoe Truckee Community Scholarship Committee sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Central Minnesota Arts Board ($1.1m), Crystal Springs Baptist Camp ($1.1m) and Without Permission Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $329k against liabilities of $0, net assets of $329k.