South Tama Scholarship Foundation Inc

Analysis

South Tama Scholarship Foundation Inc is a registered charity in United States, based in Toledo, IA. It received its IRS tax-exemption ruling in September 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, South Tama Scholarship Foundation Inc reported income of $181k and spending of $90k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $181k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2020, when income rose by 153%. Over the whole period it spent 38% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Tama Scholarship Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IA. Charities of a similar size with the same main cause include Fairfield High School Alumni Association ($181k), Sebastian River Rowing Inc ($181k) and Brave Achievers ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 6.2% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.