Cherokee Employee Scholarship Foundation Inc

Analysis

Cherokee Employee Scholarship Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 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, Cherokee Employee Scholarship Foundation Inc reported income of $343k and spending of $43k, leaving 88% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $302k to $343k (+13%), an average of +13% a year. Over the whole period it spent 13% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cherokee Employee Scholarship Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include Join Review Committee on Educational Programs in Nuclear ($343k), Heathers Old Skool Village ($343k) and SC Sports Dome Inc ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $1.0m against liabilities of $660, net assets of $1.0m.