Joseph Land Scholarship Fund

Analysis

Joseph Land Scholarship Fund is a registered charity in United States, based in Bamberg, SC. It received its IRS tax-exemption ruling in September 1986, 40 years ago. 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 2024, Joseph Land Scholarship Fund reported income of $66k and spending of $92k, spending 139% of what it took in. Across the 2 years on record, from February 2023 to February 2024, income fell from $74k to $66k (-10%), an average of -10% a year. Over the whole period it spent 123% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Joseph Land Scholarship Fund sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 32nd percentile within SC. Charities of a similar size with the same main cause include American Donkey & Mule Society Inc ($66k), Patrick Elementary School PTA Inc ($66k) and Little League Baseball Inc ($66k).

On its Form 990-EZ for the period ending February 2024, revenue came from program service revenue 97% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.