Lou Rosenberg Scholarship Fund

Analysis

Lou Rosenberg Scholarship Fund is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in January 1985, 41 years ago. 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 December 2023, Lou Rosenberg Scholarship Fund reported income of $111k and spending of $108k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $199k to $111k (-45%), an average of -14% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lou Rosenberg Scholarship Fund sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Womens Chamber Foundation Inc ($111k), Shelby County Christian Assembly ($111k) and Cypress Creek High School Band Boosters Club ($110k).

At year end it held assets of $101k against liabilities of $0, net assets of $101k.