Education for Scholars Inc

Analysis

Education for Scholars Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in May 2014, 12 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, Education for Scholars Inc reported income of $112k and spending of $149k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $159k to $112k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education for Scholars Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within OK. Charities of a similar size with the same main cause include Avon Grove Instrumental Music Boosters Association ($112k), Woodstock Rotary Foundation ($112k) and South School Parent Teacher Council ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.2% of the total. At year end it held assets of $86k against liabilities of $1,053, net assets of $85k.