Academic Distinction Fund

Analysis

Academic Distinction Fund is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in June 1996, 30 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Academic Distinction Fund reported income of $234k and spending of $77k, leaving 67% of income unspent that year. Across the 6 years on record, from July 2019 to July 2024, income grew from $185k to $234k (+26%), an average of +4.8% a year. The sharpest change came in the year to July 2022, when income rose by 55%. Over the whole period it spent 37% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Academic Distinction Fund sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within LA. Charities of a similar size with the same main cause include Rushford-Peterson Booster Club Inc ($234k), My Brothers Keeper International ($234k) and Triveni School of Dance Inc ($234k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.