Red Tail Scholarship Foundation

Analysis

Red Tail Scholarship Foundation is a registered charity in United States, based in Tuskegee, AL. It received its IRS tax-exemption ruling in March 2018, 8 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, Red Tail Scholarship Foundation reported income of $963k and spending of $976k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.2m to $963k (-20%), an average of -7.2% a year. The sharpest change came in the year to December 2021, when income dropped by 45%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Red Tail Scholarship Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within AL. Charities of a similar size with the same main cause include The Renaissance Montessori School ($963k), Henry George School of Social Science ($963k) and Southern Tier Education Council Inc ($963k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. Other salaries and wages came to $355k. At year end it held assets of $890k against liabilities of $18k, net assets of $872k. It reported 16 employees.