High School Scholarship Foundation of Fairfield Inc

Analysis

High School Scholarship Foundation of Fairfield Inc is a registered charity in United States, based in Fairfield, CT. It received its IRS tax-exemption ruling in May 1991, 35 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 September 2023, High School Scholarship Foundation of Fairfield Inc reported income of $199k and spending of $197k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $220k to $199k (-9.8%), an average of -2.5% a year. The sharpest change came in the year to September 2021, when income rose by 232%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, High School Scholarship Foundation of Fairfield Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within CT. Charities of a similar size with the same main cause include University of Livingstonia Foundation ($199k), Centennial High School Athletic Boosters Club ($199k) and Immaculate Heart Foundation ($199k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.