Golden Dome Scholarship Fund

Analysis

Golden Dome Scholarship Fund is a registered charity in United States, based in Valdosta, GA. It received its IRS tax-exemption ruling in March 2010, 16 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, Golden Dome Scholarship Fund reported income of $927k and spending of $934k, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.5m to $927k (-36%), an average of -11% a year. The sharpest change came in the year to September 2023, when income dropped by 37%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Golden Dome Scholarship Fund sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include Southwestern Michigan College Foundation ($927k), Texas Department of Public Safety Foundation ($927k) and Najam Academy Inc ($926k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.1m against liabilities of $978k, net assets of $114k.