Robert W Scott Scholarship TR

Analysis

Robert W Scott Scholarship TR is a registered charity in United States, based in Corte Madera, CA. It received its IRS tax-exemption ruling in June 1989, 37 years ago. 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 December 2023, Robert W Scott Scholarship TR reported income of $117k and spending of $158k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $117k (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2020, when income rose by 253%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Robert W Scott Scholarship TR 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 43rd percentile within CA. Charities of a similar size with the same main cause include Tuesday Musical Club ($117k), Rivers Edge Ministries Inc ($117k) and Louisiana Partnership for Children and Families ($117k).

Compensation of current officers, directors and key employees was $32k (20% of expenses). At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.