Fiftieth Anniversary Scholarship Fund

Analysis

Fiftieth Anniversary Scholarship Fund is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in December 1973, 53 years ago. 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 June 2023, Fiftieth Anniversary Scholarship Fund reported income of $305k and spending of $430k, spending 141% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $550k to $305k (-44%), an average of -14% a year. The sharpest change came in the year to June 2022, when income dropped by 67%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fiftieth Anniversary Scholarship Fund sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within MO. Charities of a similar size with the same main cause include San Antonio Cpa Continuing Education Foundation ($305k), The Daughters of Mary Immaculate Inc ($305k) and Granville Foundation ($305k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $8.4m against liabilities of $0, net assets of $8.4m.