Oj Anderson Scholarship Foundation

Analysis

Oj Anderson Scholarship Foundation is a registered charity in United States, based in Caldwell, NJ. It received its IRS tax-exemption ruling in September 2016, 10 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 December 2023, Oj Anderson Scholarship Foundation reported income of $191k and spending of $132k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $123k to $191k (+55%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oj Anderson Scholarship Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 60th percentile within NJ. Charities of a similar size with the same main cause include Coalition for Carolina Foundation ($191k), Powell Christian School ($191k) and Society for Colleglate Travel & Expense Management Sctem ($191k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $14k (11% of expenses). At year end it held assets of $96k against liabilities of $0, net assets of $96k. It reported 1 employees.