Applied Scholastics International

Analysis

Applied Scholastics International is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in October 1993, 33 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Applied Scholastics International reported income of $167k and spending of $161k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $167k (+108%), an average of +108% a year. The sharpest change came in the year to December 2023, when income rose by 108%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Applied Scholastics International sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within KS. Charities of a similar size with the same main cause include New England Collegiate Baseball League Inc ($167k), Volunteers of America Inc ($167k) and South Mississippi AIDS Task Force Incorporated ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. At year end it held assets of $17k against liabilities of $324, net assets of $17k.