United Association Scholarship TR

Analysis

United Association Scholarship TR is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in June 2006, 20 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, United Association Scholarship TR reported income of $1.4m and spending of $433k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $1.4m (+1683%), an average of +106% a year. The sharpest change came in the year to December 2021, when income rose by 1874%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, United Association Scholarship TR sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MD. Charities of a similar size with the same main cause include Cliff Drive Care Center Inc ($1.4m), Oak City Academy ($1.4m) and Altoona Area Public Library ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.