Cabot Scholarship Foundation Inc

Analysis

Cabot Scholarship Foundation Inc is a registered charity in United States, based in Cabot, AR. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Cabot Scholarship Foundation Inc reported income of $133k and spending of $129k, spending 97% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $152k to $133k (-12%), an average of -3.1% a year. The sharpest change came in the year to July 2023, when income dropped by 30%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cabot Scholarship Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within AR. Charities of a similar size with the same main cause include American Friends of Hospice of the Upper Galilee ($133k), New Hope-Solebury Community Assn ($133k) and Kessler Family Foundation ($133k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.