Croatian Scholarship Fund

Analysis

Croatian Scholarship Fund is a registered charity in United States, based in San Ramon, CA. It received its IRS tax-exemption ruling in May 1994, 32 years ago. 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, Croatian Scholarship Fund reported income of $614k and spending of $2.2m, spending 353% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $207k to $614k (+196%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 2207%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Croatian Scholarship Fund sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include University of Strathclyde USA Foundation ($614k), Leadership Music ($614k) and St Michael Center for Spiritual Renewal Inc ($613k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $5.3m against liabilities of $0, net assets of $5.3m.