Brookside Scholarship Fund Inc

Analysis

Brookside Scholarship Fund Inc is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in August 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, Brookside Scholarship Fund Inc reported income of $78k and spending of $62k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $78k (+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 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brookside Scholarship Fund Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include Friends of Jahn School ($78k), Wise Resources Inc ($78k) and Ace Mentoring Corp of Pittsburgh ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $257k against liabilities of $0, net assets of $257k.