Devry Scholarship Fund

Analysis

Devry Scholarship Fund is a registered charity in United States, based in Lisle, IL. It received its IRS tax-exemption ruling in February 1996, 30 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 December 2023, Devry Scholarship Fund reported income of $279k and spending of $192k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.2m to $279k (-77%), an average of -77% a year. The sharpest change came in the year to December 2023, when income dropped by 77%. Over the whole period it spent 19% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Devry Scholarship Fund sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Millennium Leadership Christian Academy Inc ($279k), Kansas State Catbackers Inc ($279k) and Hasagah Inc ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.