Alltricity Scholarship Foundation

Analysis

Alltricity Scholarship Foundation is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in March 2000, 26 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, Alltricity Scholarship Foundation reported income of $148k and spending of $161k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $148k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alltricity Scholarship Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within CO. Charities of a similar size with the same main cause include Elenas Light Inc ($148k), Challenger Learning Center Oforleans Niagara and Erie Counties I ($148k) and Edina Robotics Foundation ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $194k against liabilities of $0, net assets of $194k.