Lake Seminole Square Scholarship Fund Inc

Analysis

Lake Seminole Square Scholarship Fund Inc is a registered charity in United States, based in Seminole, FL. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lake Seminole Square Scholarship Fund Inc reported income of $69k and spending of $71k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $172k to $69k (-60%), an average of -20% a year. The sharpest change came in the year to December 2022, when income rose by 102%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Seminole Square Scholarship Fund Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Crossroads Global Initiative Inc ($69k), Kaufman County Texas a & M Club ($69k) and Business & Entrepreneurial Learning Academy Inc ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.