Dan Scism Scholarship Foundation Inc

Analysis

Dan Scism Scholarship Foundation Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in July 2001, 25 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, Dan Scism Scholarship Foundation Inc reported income of $86k and spending of $61k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $102k to $86k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. 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, Dan Scism Scholarship Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within IN. Charities of a similar size with the same main cause include Columbia County Libraries Association ($86k), Portland Interscholastic League Foundation ($86k) and Fellows of the University of North Dakota Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $315k against liabilities of $0, net assets of $315k.