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Scholars at Risk Inc

RegisteredEIN 82-2385660New York, NYOverseas aid and international
Income$5.4m2023-08
Spending$3.2msame year
Spent / received66%5-year average
Size in its cause94th pctOverseas aid and international
Exempt since2018Publicly supported organisat
Employees0latest return

Analysis

Scholars at Risk Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 August 2023, Scholars at Risk Inc reported income of $5.4m and spending of $3.2m, leaving 41% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.6m to $5.4m (+106%), an average of +20% a year. The sharpest change came in the year to August 2022, when income rose by 67%. Over the whole period it spent 66% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Scholars at Risk Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Good News in Action Inc ($5.4m), Free the Oppressed ($5.4m) and Mojaloop Foundation Inc ($5.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $8.8m against liabilities of $145k, net assets of $8.7m.

Income and spending

$0$1.4m$2.7m$4.1m$5.4m2019 Income: $2,637,2812019 Spending: $1,957,91020192020 Income: $2,168,0942020 Spending: $1,891,52020202021 Income: $2,962,9652021 Spending: $2,089,02320212022 Income: $4,948,6092022 Spending: $2,830,59820222023 Income: $5,430,9222023 Spending: $3,218,8852023
IncomeSpending

Where the income comes from

  • Contributions & grants 97%
  • Other 2.6%

Similar-sized charities, same cause

CharityLocationIncome
Good News in Action IncSidney$5.4m
Free the OppressedColorado SPGS$5.4m
Mojaloop Foundation IncWakefield$5.4m
Us-Japan CouncilWashington$5.5m