Freedom Plaza Scholarship Fund Incorporated

Analysis

Freedom Plaza Scholarship Fund Incorporated is a registered charity in United States, based in Sun City Ctr, FL. It received its IRS tax-exemption ruling in May 1996, 30 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, Freedom Plaza Scholarship Fund Incorporated reported income of $91k and spending of $50k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $91k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Freedom Plaza Scholarship Fund Incorporated sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Wichita Educational Foundation ($91k), Greater Cincinnati Chinese School ($91k) and Latam Freedom & Development Foundation Inc ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $249k against liabilities of $0, net assets of $249k.