Elias Ayoub Scholarship Society

Analysis

Elias Ayoub Scholarship Society is a registered charity in United States, based in Cypress, CA. It received its IRS tax-exemption ruling in December 2016, 10 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, Elias Ayoub Scholarship Society reported income of $96k and spending of $82k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $10k to $96k (+865%), an average of +865% a year. The sharpest change came in the year to December 2023, when income rose by 865%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elias Ayoub Scholarship Society sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Lilypad Philly ($96k), Foundation of the Rotary Club of California ($97k) and Morning Creek Elementary Foundation ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.