Mason Isd Scholarship Foundation

Analysis

Mason Isd Scholarship Foundation is a registered charity in United States, based in Mason, TX. It received its IRS tax-exemption ruling in August 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, Mason Isd Scholarship Foundation reported income of $574k and spending of $276k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $574k (-76%), an average of -30% a year. The sharpest change came in the year to December 2023, when income rose by 648%. Over the whole period it spent 21% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mason Isd Scholarship Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include W E B Dubois Scholars Institute Inc ($573k), Farm Commons ($574k) and Tropical Health Alliance Foundation ($573k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% of the total. Compensation of current officers, directors and key employees was $1,840 (0.7% of expenses). At year end it held assets of $7.5m against liabilities of $0, net assets of $7.5m.