Tiny Scholars Foundation Inc

Analysis

Tiny Scholars Foundation Inc is a registered charity in United States, based in Nyack, NY. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tiny Scholars Foundation Inc reported income of $110k and spending of $189k, spending 172% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $342k to $110k (-68%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. 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, Tiny Scholars Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Buffalo District Golf Association Scholarship Fund Inc ($110k), Academy for Scholastic and Personal Success Inc ($110k) and Friends of the San Anselmo Library ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Other salaries and wages came to $107k. At year end it held assets of $45k against liabilities of $31k, net assets of $15k. It reported 14 employees.