Mark Charbonnier Scholarship Fund Inc

Analysis

Mark Charbonnier Scholarship Fund Inc is a registered charity in United States, based in Braintree, MA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Mark Charbonnier Scholarship Fund Inc reported income of $148k and spending of $147k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $293k to $148k (-50%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 423%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mark Charbonnier Scholarship Fund Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Infant Development Association of California Inc ($148k), Down Syndrome Association of Greater Toledo ($148k) and Spurwink-Ri ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $231k against liabilities of $0, net assets of $231k.