Frsa Educational Scholarship Foundation Inc

Analysis

Frsa Educational Scholarship Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in March 1984, 42 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, Frsa Educational Scholarship Foundation Inc reported income of $169k and spending of $89k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $169k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Frsa Educational Scholarship Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Kimball Public Schools Foundation Inc ($169k), New World Education Center ($169k) and The Advisory Board of the High School of Fashion Industries ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 2.1% of the total. At year end it held assets of $1.7m against liabilities of $49k, net assets of $1.6m.