Biltmore Country Club Scholarship Foundation

Analysis

Biltmore Country Club Scholarship Foundation is a registered charity in United States, based in N Barrington, IL. It received its IRS tax-exemption ruling in June 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 (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, Biltmore Country Club Scholarship Foundation reported income of $309k and spending of $236k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $212k to $309k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2021, when income rose by 416%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Biltmore Country Club Scholarship Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include Wesley Peachtree Institute Inc ($309k), Urbana High School Athletic Boosters Club ($309k) and Torch Christian Academy ($309k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.