The Scholarship Foundation of Wakefield Inc

The Scholarship Foundation of Wakefield Inc is a registered education nonprofit based in Wakefield, MA, United States. It is registered with the Internal Revenue Service (IRS). It was founded in 1961 and has been operating for 65 years. Its EIN is 042444195. According to GiveRadar's records, it holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. GiveRadar's Integrity Assessment for the organization is 80/100, which reflects how much public information is available, not whether the charity is legitimate. The organization reports $2M in annual revenue. 157 officers and directors are publicly disclosed. No red flags have been detected.

The Scholarship Foundation of Wakefield Inc's EIN (Employer Identification Number) is 042444195. This is the organization's IRS tax identification number; you can use it to verify tax-exempt status and to look up its Form 990 filings with the IRS.

The Scholarship Foundation of Wakefield Inc has a GiveRadar Integrity Assessment of 80/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 80 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. The charity allocates 78% of expenses to programs, which contributes positively to its score. For comparison, the average integrity assessment for education charities in United States is 90/100.

The Scholarship Foundation of Wakefield Inc is located in Wakefield, MA, United States. The organization was established in 1961 and has been active for 65 years.

Based on official tax filings, The Scholarship Foundation of Wakefield Inc has $2M in annual revenue. It allocates 78% of expenses to programs and services. This is in line with the average of 82% for education charities in United States. Its revenue is below the peer average of $7M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.

The Scholarship Foundation of Wakefield Inc is classified as an Education organization, registered in United States. It operates as a Supporting organization (509(a)(3)). By size, it is categorized as a medium organization. It has $2M in annual revenue. The organization has 157 disclosed officers and directors.

No red flags have been detected for The Scholarship Foundation of Wakefield Inc. GiveRadar automatically screens charities for concerning patterns including high executive compensation, low program spending, and missing financial filings. Based on available official data, no issues have been identified.

According to GiveRadar's records, The Scholarship Foundation of Wakefield Inc holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. It is registered with the Internal Revenue Service (IRS). It reports that 78% of expenses go to programs (the peer average is 82%). You can donate directly through their official donation page linked on their GiveRadar profile. GiveRadar provides data for research and does not endorse any organization. A GiveRadar Integrity Assessment reflects how much public data is available, not whether an organization is safe to donate to, so it is always smart to do your own research before giving.

Apply for the 2025-2026 scholarships now! Deadline is May 1, 2025. Don't miss out on financial aid opportunities. The Scholarship Foundation of Wakefield Inc is classified as an education organization registered in United States. The organization was founded in 1961.

Among education charities registered in United States: It allocates 78% of expenses to programs, in line with the peer average of 82%. Its annual revenue of $2M is below the peer average of $7M.

Yes, donations to The Scholarship Foundation of Wakefield Inc are generally tax-deductible in the United States. The Scholarship Foundation of Wakefield Inc is a 501(c)(3) tax-exempt organization. Its EIN is 042444195, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.