Donald R Smith Scholarship Fund

Analysis

Donald R Smith Scholarship Fund is a registered charity in United States, based in Clarendon, TX. It received its IRS tax-exemption ruling in March 2015, 11 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, Donald R Smith Scholarship Fund reported income of $65k and spending of $58k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $55k to $65k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2023, when income rose by 300%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Donald R Smith Scholarship Fund sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Hidden Valley PTO Inc ($65k), Glover Eveleth PTO Inc ($65k) and Africa Code Academy Inc ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.