Missionsquare Retirement Memorial Scholarship Fund

Analysis

Missionsquare Retirement Memorial Scholarship Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2001, 25 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, Missionsquare Retirement Memorial Scholarship Fund reported income of $70k and spending of $101k, spending 144% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $70k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 122% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Missionsquare Retirement Memorial Scholarship Fund sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 14th percentile within DC. Charities of a similar size with the same main cause include Rockford Lutheran Schools Foundation ($70k), STEM Generation Inc ($70k) and Parent Booster USA Inc ($70k).

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 $147k against liabilities of $7,646, net assets of $140k.