US Presidential Scholars Foundation

Analysis

US Presidential Scholars Foundation is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in November 1988, 38 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, US Presidential Scholars Foundation reported income of $89k and spending of $94k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $89k (-1.8%), an average of -1.8% a year. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, US Presidential Scholars Foundation 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 34th percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include Delaware Lions Foundation Inc ($89k), Johnson Family Stewardship Foundation ($89k) and Mohican Area Community Fund Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.