Seward Community Scholarship

Analysis

Seward Community Scholarship is a registered charity in United States, based in Seward, NE. It received its IRS tax-exemption ruling in February 1973, 53 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 February 2023, Seward Community Scholarship reported income of $199k and spending of $207k, spending 104% of its income. Across the 4 years on record, from February 2020 to February 2023, income grew from $161k to $199k (+23%), an average of +7.3% a year. The sharpest change came in the year to February 2021, when income rose by 420%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seward Community Scholarship sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NE. Charities of a similar size with the same main cause include Mobile Science Laboratory Inc ($199k), Renewal Retreats ($199k) and Highlands Latin Cottage School Billings ($199k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.