American Legion September 11 Memorial Scholarship TR Fund

Analysis

American Legion September 11 Memorial Scholarship TR Fund is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 2003, 23 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, American Legion September 11 Memorial Scholarship TR Fund reported income of $2.1m and spending of $1.9m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.1m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Legion September 11 Memorial Scholarship TR Fund sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Christ Church School Inc ($2.1m), Breakthrough Houston ($2.1m) and Lincoln Christian University ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $17.7m against liabilities of $628k, net assets of $17.1m.