Air Force Sergeants Association Scholarship Fund

Analysis

Air Force Sergeants Association Scholarship Fund is a registered charity in United States, based in Suitland, MD. It received its IRS tax-exemption ruling in September 1971, 55 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Air Force Sergeants Association Scholarship Fund reported income of $53k and spending of $24k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $8,865 to $53k (+494%), an average of +494% a year. The sharpest change came in the year to December 2023, when income rose by 494%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Air Force Sergeants Association Scholarship Fund sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within MD. Charities of a similar size with the same main cause include Sidekick Education Inc ($53k), Lc5 Foundation ($53k) and Drost Family Foundation ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.