The Prison Scholar Fund

Analysis

The Prison Scholar Fund is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 2022, The Prison Scholar Fund reported income of $1.1m and spending of $1.1m, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $99k to $1.1m (+1050%), an average of +126% a year. The sharpest change came in the year to December 2020, when income rose by 676%. Over the whole period it spent 99% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, The Prison Scholar Fund sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Texas After Violence Project ($1.1m), Southside Family Nurturing Center ($1.1m) and Exchange Club Center for the Prev of Child Abuse of Southern CT Inc ($1.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $105k (9.9% of expenses). It paid $115 in professional fundraising fees. At year end it held assets of $71k against liabilities of -$655, net assets of $71k. It reported 1 employees.