Asus Scholarship Foundation

Analysis

Asus Scholarship Foundation is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in March 2021, 5 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 June 2024, Asus Scholarship Foundation reported income of $121k and spending of $90k, leaving 25% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $121k to $121k (-0.2%), an average of -0.2% a year. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Asus Scholarship Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($121k), International Partnering Institute ($121k) and Hanover Parent Teacher Alliance Inc ($121k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $325k against liabilities of $0, net assets of $325k.