Nick Sheahan Scholarship Fund

Analysis

Nick Sheahan Scholarship Fund is a registered charity in United States, based in Dunwoody, GA. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nick Sheahan Scholarship Fund reported income of $95k and spending of $93k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $95k (+2.9%), an average of +2.9% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nick Sheahan Scholarship Fund sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within GA. Charities of a similar size with the same main cause include Pikes Peak Best ($95k), Biloxi Diamond Club Inc ($95k) and Operative Plasterers & Cement Masons Local 29 Apprentice Trainin ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.