Anc Scholarship Foundation

Analysis

Anc Scholarship Foundation is a registered charity in United States, based in Lake View Ter, CA. It received its IRS tax-exemption ruling in March 2007, 19 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, Anc Scholarship Foundation reported income of $137k and spending of $136k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $149k to $137k (-8.1%), an average of -2.1% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Anc Scholarship Foundation 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 47th percentile within CA. Charities of a similar size with the same main cause include Central Iowa Cement Mason Apprenticeship and Training Trust ($137k), Phelps Association ($137k) and Danbury Isd Education Foundation ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $222k against liabilities of $0, net assets of $222k.