Mother Mary Raymond Scholarship Fund

Analysis

Mother Mary Raymond Scholarship Fund is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in December 1952, 74 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Mother Mary Raymond Scholarship Fund reported income of $286k and spending of $33k, leaving 89% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $54k to $286k (+429%), an average of +74% a year. The sharpest change came in the year to August 2022, when income rose by 379%. Over the whole period it spent 21% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mother Mary Raymond Scholarship Fund sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Yosemite-Wawona Elementary Charter School ($286k), Ge Chamber Foundation ($286k) and Cocodrilo Development Corporation ($285k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $802k against liabilities of $0, net assets of $802k.