Ruth Edmundson Ramsey Scholarship Fund Inc

Analysis

Ruth Edmundson Ramsey Scholarship Fund Inc is a registered charity in United States, based in Blooming GRV, TX. It received its IRS tax-exemption ruling in January 1992, 34 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 March 2024, Ruth Edmundson Ramsey Scholarship Fund Inc reported income of $95k and spending of $66k, leaving 31% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $89k to $95k (+7.3%), an average of +1.8% a year. The sharpest change came in the year to March 2021, when income rose by 58%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ruth Edmundson Ramsey Scholarship Fund Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Clyde F Brown Home and School Association Inc ($95k), Mustang Booster Club ($95k) and Merritt Island High School Band Booster Organization Incorporated ($95k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 77% of the total. At year end it held assets of $898k against liabilities of $0, net assets of $898k.