Tsys Future Scholars Foundation Inc

Analysis

Tsys Future Scholars Foundation Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in March 2008, 18 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 December 2023, Tsys Future Scholars Foundation Inc reported income of $118k and spending of $96k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $159k to $118k (-26%), an average of -7.1% a year. The sharpest change came in the year to December 2021, when income rose by 359%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tsys Future Scholars Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within GA. Charities of a similar size with the same main cause include Peaks to Plains Suzuki Institute ($118k), Clarksville Kiwanis Foundation ($118k) and Musiclink Foundation ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $361k against liabilities of $0, net assets of $361k.