Sentinels of Freedom Scholarshipfoundation
Analysis
Sentinels of Freedom Scholarshipfoundation is a registered charity in United States, based in San Ramon, 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, Sentinels of Freedom Scholarshipfoundation reported income of $1.0m and spending of $1.6m, spending 164% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $1.0m (-61%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 66%. Over the whole period it spent 135% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Sentinels of Freedom Scholarshipfoundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Lewes Public Library Inc ($1.0m), The Ability Challenge Incorporated ($1.0m) and Signature School Foundation Inc ($1.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $355k (22% of expenses). Other salaries and wages came to $180k. At year end it held assets of $4.6m against liabilities of $2.2m, net assets of $2.4m. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Other 24%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lewes Public Library Inc | Lewes | $1.0m |
| The Ability Challenge Incorporated | Chevy Chase | $1.0m |
| Signature School Foundation Inc | Evansville | $1.0m |
| Medical Assisting Education Review Board | Chicago | $1.0m |