Micds Scholarship Fund

Analysis

Micds Scholarship Fund is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in June 1981, 45 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 2024, Micds Scholarship Fund reported income of $1.6m and spending of $527k, leaving 67% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $601k to $1.6m (+163%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 554%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Micds Scholarship Fund sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MO. Charities of a similar size with the same main cause include Crafton Hills College Foundation ($1.6m), Digibridge Inc ($1.6m) and Students Prepared to Succeed ($1.6m).

At year end it held assets of $13.1m against liabilities of $0, net assets of $13.1m.