Innovative Scholars Foundation

Analysis

Innovative Scholars Foundation is a registered charity in United States, based in Vacaville, CA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Innovative Scholars Foundation reported income of $93k and spending of $67k, leaving 28% of income unspent that year. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Innovative Scholars Foundation 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 CA. Charities of a similar size with the same main cause include Paso Robles Ffa Boosters ($93k), Arvada West High School Instrumental Music Boosters ($93k) and Randolph Field Education Foundation ($93k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 142% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.