San Joaquin Valley Medical Scholarship Foundation

Analysis

San Joaquin Valley Medical Scholarship Foundation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in November 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, San Joaquin Valley Medical Scholarship Foundation reported income of $1.1m and spending of $123k, leaving 89% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $1.1m (+1270%), an average of +1270% a year. The sharpest change came in the year to December 2023, when income rose by 1270%. Over the whole period it spent 15% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, San Joaquin Valley Medical Scholarship Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include L Ecole-French International School of Raleigh ($1.1m), McClelland Childrens Foundation ($1.1m) and Rome Alliance for Education ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.