Edna Y Schwartz Scholarship Fund

Analysis

Edna Y Schwartz Scholarship Fund is a registered charity in United States, based in Lenox, MA. It received its IRS tax-exemption ruling in June 1989, 37 years ago. 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, Edna Y Schwartz Scholarship Fund reported income of $178k and spending of $153k, spending 86% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $382k to $178k (-53%), an average of -22% a year. The sharpest change came in the year to December 2022, when income rose by 76%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Edna Y Schwartz Scholarship Fund sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include Linwood Council of Christian Life ($178k), Nami El Paso Inc ($178k) and Focus Forward Inc ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $487k against liabilities of $0, net assets of $487k.