Stars Scholarship Fund

Analysis

Stars Scholarship Fund is a registered charity in United States, based in McAllen, TX. It received its IRS tax-exemption ruling in March 2004, 22 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 July 2023, Stars Scholarship Fund reported income of $1.1m and spending of $901k, spending 81% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.1m to $1.1m (+0.5%), an average of +0.1% a year. The sharpest change came in the year to July 2022, when income rose by 80%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stars Scholarship 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 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Tus Inc ($1.1m), Bedford County Regional Campus at Everett Foundation of Allegheny ($1.1m) and Ecumenical Theological Seminary ($1.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 113% of the total. At year end it held assets of $1.0m against liabilities of $814k, net assets of $227k.