The Scholarship Fund of Concord and Carlisle

Analysis

The Scholarship Fund of Concord and Carlisle is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in January 2013, 13 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, The Scholarship Fund of Concord and Carlisle reported income of $385k and spending of $501k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $590k to $385k (-35%), an average of -10% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 51% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Scholarship Fund of Concord and Carlisle sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($385k), Imagine Foundation Inc ($385k) and St Johns Early Learning Center Inc ($385k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 122% of the total. At year end it held assets of $5.6m against liabilities of $5,851, net assets of $5.6m.