Adamson High School Scholarship Foundation

Analysis

Adamson High School Scholarship Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 1952, 74 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adamson High School Scholarship Foundation reported income of $129k and spending of $121k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $84k to $129k (+54%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 150% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adamson High School Scholarship Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Auto-Tek Workforce Development ($129k), Georgia Extension 4-H Foundation ($129k) and Florida City Foundation Inc ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.