CIO Scholarship Fund

Analysis

CIO Scholarship Fund is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in November 2008, 18 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, CIO Scholarship Fund reported income of $100k and spending of $70k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $100k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, CIO Scholarship Fund sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Perry Foundation Inc ($100k), Akwa Ibom Women Association Houston Inc ($100k) and Ridley School Store ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 144% of the total. At year end it held assets of $156k against liabilities of $0, net assets of $156k.