Fannin County Scholarship Foundation Inc

Analysis

Fannin County Scholarship Foundation Inc is a registered charity in United States, based in Blue Ridge, GA. It received its IRS tax-exemption ruling in July 1992, 34 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 June 2024, Fannin County Scholarship Foundation Inc reported income of $227k and spending of $218k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $158k to $227k (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fannin County Scholarship Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within GA. Charities of a similar size with the same main cause include Peforming Arts Association of Lawre Nce Central High School Inc ($227k), Oregon Preschool Inc ($227k) and Dawson High School Band Boostersinc ($227k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $757k against liabilities of $0, net assets of $757k.