Shootin for Scholarships

Analysis

Shootin for Scholarships is a registered charity in United States, based in Spring Branch, TX. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shootin for Scholarships reported income of $71k and spending of $58k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $71k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shootin for Scholarships sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within TX. Charities of a similar size with the same main cause include Northern Arizona Jack Wagon Inc ($71k), Lake Norman Elementary School PTO ($71k) and Kennedy Titans Booster Club ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.