Briarwood Scholarship Foundation

Analysis

Briarwood Scholarship Foundation is a registered charity in United States, based in Deerfield, IL. It received its IRS tax-exemption ruling in February 1997, 29 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 September 2023, Briarwood Scholarship Foundation reported income of $249k and spending of $171k, leaving 31% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $126k to $249k (+98%), an average of +19% a year. The sharpest change came in the year to September 2021, when income rose by 45%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Briarwood Scholarship Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Uplift Literacy Inc ($249k), Norwin School District Communityfoundation ($249k) and Northeast Iowa Montessori School Inc ($249k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $660k against liabilities of $0, net assets of $660k.