Fort Hood Scholarship Fund

Analysis

Fort Hood Scholarship Fund is a registered charity in United States, based in Fort Cavazos, TX. It received its IRS tax-exemption ruling in May 1987, 39 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 May 2024, Fort Hood Scholarship Fund reported income of $78k and spending of $88k, spending 113% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $93k to $78k (-16%), an average of -16% a year. The sharpest change came in the year to May 2024, when income dropped by 16%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Hood Scholarship Fund 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 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Little League Baseball Inc ($78k), SRSD Online Inc ($78k) and Madison Hostels Inc ($78k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 95% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.