Naval Rotc Scholarship Fund Inc

Analysis

Naval Rotc Scholarship Fund Inc is a registered charity in United States, based in Lake Bluff, IL. It received its IRS tax-exemption ruling in September 1987, 39 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, Naval Rotc Scholarship Fund Inc reported income of $89k and spending of $81k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $89k (-3.9%), an average of -3.9% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Naval Rotc Scholarship Fund Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Hekab Be Biblioteca ($89k), Next Careers ($89k) and Boerne Area Christian Homeschoolers Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $410k against liabilities of $0, net assets of $410k.