W P and Nelle Mcclure Scholarship Fund is a 501(c)(3) organization based in Adel, Iowa, registered in 1999, with $15,505 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$16K
▲ 8.9% vs prior year
Education median: $200K
Expenses (FY2025)
$17K
Net assets
$244K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for W P and Nelle Mcclure Scholarship Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For W P and Nelle Mcclure Scholarship Fund: 174 mo reserves · -8% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for W P and Nelle Mcclure Scholarship Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For W P and Nelle Mcclure Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $13K (FY2012) to $16K (FY2025) across 14 reported years.
Financial snapshot
Operating margin
-8.4%
Spent more than it raised in the latest fiscal year.
Total assets
$244K
Total liabilities
$0
Net assets
$244K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $15,505▲8.9% | $16,810▲4.9% | $243,785▼0.5% | $243,785▼0.5% | 990EZ |
| 2024 | $14,237▼2.6% | $16,026▼23.8% | $245,090▼0.7% | $245,090▼0.7% | 990EZ |
| 2023 | $14,614▼9.6% | $21,030▲102% | $246,879▼2.5% | $246,879▼2.5% | 990EZ |
| 2022 | $16,170▲4.5% | $10,395▼30.0% | $253,295▲2.3% | $253,295▲2.3% | 990EZ |
| 2021 | $15,474▲25.2% | $14,850▼8.0% | $247,520▲0.3% | $247,520▲0.3% | 990EZ |
| 2020 | $12,360▲17.2% | $16,150▲31.4% | $246,895▼1.5% | $246,895▼1.5% | 990EZ |
| 2019 | $10,544▲69.5% | $12,295▼34.6% | $250,686▼0.7% | $250,686▼0.7% | 990EZ |
| 2018 | $6,221▼47.2% | $18,811▲168% | $252,437▼4.8% | $252,437▼4.8% | 990EZ |
| 2017 | $11,775 | $7,007▼33.7% | $265,027▲1.8% | $265,027▲1.8% | 990EZ |
| 2016 | $11,770 | $10,570▲2.2% | $260,259▲0.5% | $260,259▲0.5% | 990EZ |
| 2015 | $11,769▼1.1% | $10,341▼17.3% | $259,059▲0.4% | $259,059▲0.4% | 990EZ |
| 2014 | $11,900▲3.2% | $12,500▼26.3% | $257,918▼1.1% | $257,918▼1.1% | 990EZ |
| 2013 | $11,526▼12.2% | $16,971▲51.7% | $260,793▼2.0% | $260,793▼2.0% | 990EZ |
| 2012 | $13,130 | $11,188 | $266,238 | $266,238 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for W P and Nelle Mcclure Scholarship Fund (EIN 42-1338010) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.