Fort Bend County Fair Scholarship Foundation Inc

Analysis

Fort Bend County Fair Scholarship Foundation Inc is a registered charity in United States, based in Rosenberg, TX. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Fort Bend County Fair Scholarship Foundation Inc reported income of $236k and spending of $217k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $277k to $236k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fort Bend County Fair Scholarship Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include St Martins Knights of Columbus Home Association 7194 ($236k), Walindwa Charitable Corporation ($236k) and Indiana State Council Knights of Columbus Charity Fund Inc ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $1.1m against liabilities of $142k, net assets of $1.0m.