Terra Linda Scholarship Foundation

Analysis

Terra Linda Scholarship Foundation is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in August 2024, 2 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 September 2023, Terra Linda Scholarship Foundation reported income of $104k and spending of $562, leaving 99% of income unspent that year. Across the 3 years on record, from September 2021 to September 2023, income grew from $46k to $104k (+126%), an average of +50% a year. The sharpest change came in the year to September 2023, when income rose by 92%. Over the whole period it spent 1.1% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Terra Linda Scholarship Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Ankeny Instrumental Music Foundation Inc ($104k), Sharp Again Naturally Inc ($104k) and Mothers Club of Grosse Pointe South High School ($104k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $269k against liabilities of $11k, net assets of $257k.