Sadie Grice Funny Scholarship Foundation

Analysis

Sadie Grice Funny Scholarship Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2019, Sadie Grice Funny Scholarship Foundation reported income of $56k and spending of $51k, spending 91% of its income. Across the 2 years on record, from December 2018 to December 2019, income grew from $1,250 to $56k (+4395%), an average of +4395% a year. The sharpest change came in the year to December 2019, when income rose by 4395%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sadie Grice Funny Scholarship Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within GA. Charities of a similar size with the same main cause include L4 Cares ($56k), Matt Kolbe Memorial Foundation Inc ($56k) and American Friends of Olim Bemaalot Inc ($56k).

On its Form 990 for the period ending December 2019, revenue came from program service revenue 100% of the total. At year end it held assets of $3,661 against liabilities of $26k, net assets of -$22k.