Trans-Mississippi Turf Scholarship Fund

Analysis

Trans-Mississippi Turf Scholarship Fund is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 1964, 62 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 December 2023, Trans-Mississippi Turf Scholarship Fund reported income of $145k and spending of $115k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $79k to $145k (+84%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 129%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trans-Mississippi Turf Scholarship Fund sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Williams Challenge ($145k), Friends of Ingraham High School ($145k) and Tatum Ridge Elementary PTO ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $2.2m against liabilities of $327k, net assets of $1.9m.