District Council No 9 Scholarship Fund

Analysis

District Council No 9 Scholarship Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2001, 25 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 June 2023, District Council No 9 Scholarship Fund reported income of $288k and spending of $175k, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $266k to $288k (+8.5%), an average of +2.1% a year. The sharpest change came in the year to June 2023, when income rose by 55%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, District Council No 9 Scholarship Fund sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Family Connection Communities in Schools of Berrien County Inc ($288k), Titan Booster Club Inc ($288k) and The Angel Fund ($288k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $864k against liabilities of $3,887, net assets of $860k.