Scholarship Fund of the Minneapolis Branch Aauw

Analysis

Scholarship Fund of the Minneapolis Branch Aauw is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Scholarship Fund of the Minneapolis Branch Aauw reported income of $163k and spending of $49k, leaving 70% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $36k to $163k (+358%), an average of +66% a year. The sharpest change came in the year to June 2021, when income rose by 110%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Scholarship Fund of the Minneapolis Branch Aauw sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MN. Charities of a similar size with the same main cause include Plantation Foundation Inc ($163k), Food for Hungry Minds ($163k) and Isabella Bird Ptco ($163k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $868k against liabilities of $0, net assets of $868k.