Gibson Southern Scholarships Inc

Analysis

Gibson Southern Scholarships Inc is a registered charity in United States, based in Haubstadt, IN. 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, Gibson Southern Scholarships Inc reported income of $148k and spending of $146k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $141k to $148k (+4.7%), an average of +4.7% a year. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gibson Southern Scholarships Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within IN. Charities of a similar size with the same main cause include Tesoro High School Music Boosters ($148k), Dental Forum of Milwaukee Inc ($148k) and Journey at Waypoint Inc ($148k).

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 $58k against liabilities of $0, net assets of $58k.