Mare Scholarship Fund

Analysis

Mare Scholarship Fund is a registered charity in United States, based in Warrensburg, MO. It received its IRS tax-exemption ruling in September 1993, 33 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 June 2024, Mare Scholarship Fund reported income of $68k and spending of $66k, spending 97% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $68k to $68k (-0.0%), an average of +-0.0% a year. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mare Scholarship Fund sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within MO. Charities of a similar size with the same main cause include Kraemer Instrumental Music Booster Club ($68k), Iowa Quality Center Inc ($68k) and Parent Booster USA Inc ($68k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.