Taiwanese American Scholarship Fund

Analysis

Taiwanese American Scholarship Fund is a registered charity in United States, based in Hacienda HTS, CA. It received its IRS tax-exemption ruling in January 2016, 10 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, Taiwanese American Scholarship Fund reported income of $355k and spending of $246k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $265k to $355k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2020, when income rose by 186%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Taiwanese American Scholarship Fund sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Missouri Evergreen ($355k), Hitec Foundation ($355k) and Friends of the Jewish Community Library ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.