National Cyber Scholarship Foundation

Analysis

National Cyber Scholarship Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 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 (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, National Cyber Scholarship Foundation reported income of $525k and spending of $1.0m, spending 200% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $4.0m to $525k (-87%), an average of -64% a year. The sharpest change came in the year to December 2023, when income dropped by 67%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Cyber Scholarship Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include River Lakes Hockey Inc ($525k), Childrens Day Montessori Inc ($525k) and New Lehrhaus the Bay Area Hub for Adult Jewish Learning ($524k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (6.0% of expenses). At year end it held assets of $22k against liabilities of $20k, net assets of $2,518.