Lost Dunes Memorial Scholarship Fund

Analysis

Lost Dunes Memorial Scholarship Fund is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2019, 7 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, Lost Dunes Memorial Scholarship Fund reported income of $115k and spending of $102k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $130k to $115k (-12%), an average of -12% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lost Dunes Memorial Scholarship Fund sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include Glasgow Independent Schools Education Foundation Inc ($115k), P 4 Ministries ($115k) and California Reading Association ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $199k against liabilities of $730, net assets of $198k.