Burlington-Edison Alumni Foundation Dollars for Scholars

Analysis

Burlington-Edison Alumni Foundation Dollars for Scholars is a registered charity in United States, based in Burlington, WA. It received its IRS tax-exemption ruling in May 1994, 32 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, Burlington-Edison Alumni Foundation Dollars for Scholars reported income of $543k and spending of $237k, leaving 56% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $142k to $543k (+282%), an average of +31% a year. The sharpest change came in the year to December 2019, when income rose by 207%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Burlington-Edison Alumni Foundation Dollars for Scholars sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within WA. Charities of a similar size with the same main cause include Papermill Creek Childrens Corner ($543k), Hanover Education Foundation ($543k) and 3 DS Aftercare Inc ($543k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $1.8m against liabilities of $209k, net assets of $1.6m.