North Carolina Educational Scholarship Fund Inc

Analysis

North Carolina Educational Scholarship Fund Inc is a registered charity in United States, based in Pinehurst, NC. It received its IRS tax-exemption ruling in December 2006, 20 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, North Carolina Educational Scholarship Fund Inc reported income of $137k and spending of $109k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $137k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Carolina Educational Scholarship Fund Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include Monomoy All Sports Booster Club ($137k), South Suburban Conference ($137k) and Mountain Brook Sports Corporation ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $191k against liabilities of $0, net assets of $191k.