Birmingham Student Loan and Scholarship Fund Association

Analysis

Birmingham Student Loan and Scholarship Fund Association is a registered charity in United States, based in Beverly Hills, MI. It received its IRS tax-exemption ruling in June 1962, 64 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, Birmingham Student Loan and Scholarship Fund Association reported income of $86k and spending of $76k, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $73k to $86k (+19%), an average of +4.3% a year. The sharpest change came in the year to September 2020, when income dropped by 103%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Birmingham Student Loan and Scholarship Fund Association sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within MI. Charities of a similar size with the same main cause include Laura Ingalls Wilder Elementary Parent Teacher Student Assn 2-8-66 ($86k), Education Foundation for Lampasas County Highert Education Center ($86k) and Duncan Elementary Community Organization ($86k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $962k against liabilities of $0, net assets of $962k.