United Scholarships Incorporated

Analysis

United Scholarships Incorporated is a registered charity in United States, based in Yreka, CA. It received its IRS tax-exemption ruling in September 1970, 56 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, United Scholarships Incorporated reported income of $156k and spending of $168k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $244k to $156k (-36%), an average of -10% a year. The sharpest change came in the year to June 2021, when income rose by 299%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, United Scholarships Incorporated sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Educational Foundation of Greene County Technical School Dist No1 I ($156k), Nipomo Food Basket ($156k) and Four Corners Innovations Inc ($156k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $3.7m against liabilities of $155k, net assets of $3.5m.