Academic Excellence Scholarships

Analysis

Academic Excellence Scholarships is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Academic Excellence Scholarships reported income of $165k and spending of $1,120, leaving 99% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $5,567 to $165k (+2864%), an average of +2864% a year. The sharpest change came in the year to December 2023, when income rose by 2864%. Over the whole period it spent 7.4% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academic Excellence Scholarships sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Mustang Mockingbird Properties ($165k), Entrepreneurs Organization ($165k) and Childrens Cottage ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $209k against liabilities of $0, net assets of $209k.