Anderson County Scholarship Fund

Analysis

Anderson County Scholarship Fund is a registered charity in United States, based in Lawrenceburg, KY. It received its IRS tax-exemption ruling in May 1977, 49 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 February 2024, Anderson County Scholarship Fund reported income of $193k and spending of $99k, leaving 49% of income unspent that year. Across the 5 years on record, from February 2020 to February 2024, income fell from $888k to $193k (-78%), an average of -32% a year. The sharpest change came in the year to February 2021, when income dropped by 81%. Over the whole period it spent 34% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Anderson County Scholarship Fund sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within KY. Charities of a similar size with the same main cause include Hellenic Bar Association Foundation ($193k), Minneapolis Japanese School ($193k) and Tucson Firefighters Benevolent Association Inc ($193k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 6.9% of the total. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.