Chico Community Scholarship Associaton

Analysis

Chico Community Scholarship Associaton is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in February 2005, 21 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 June 2023, Chico Community Scholarship Associaton reported income of $917k and spending of $281k, leaving 69% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $317k to $917k (+189%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 124%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chico Community Scholarship Associaton sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Hawkeye Properties and Workforce Innovation Inc ($917k), Hypersomnia Foundation ($917k) and Mountain Education Foundation ($917k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $2.7m against liabilities of $166k, net assets of $2.5m.