Mike Entringer Memorial Scholarship Inc

Analysis

Mike Entringer Memorial Scholarship Inc is a registered charity in United States, based in Brookings, SD. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mike Entringer Memorial Scholarship Inc reported income of $89k and spending of $54k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $89k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mike Entringer Memorial Scholarship Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 29th percentile within SD. Charities of a similar size with the same main cause include Anthony Wayne Education Foundation ($89k), Healthy Kids Happy Planet ($89k) and New Jersey Superintendents School Study Council ($89k).

At year end it held assets of $278k against liabilities of $0, net assets of $278k.