Applied Scholastics International
Analysis
Applied Scholastics International is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Applied Scholastics International reported income of $143k and spending of $218k, spending 152% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $259k to $143k (-45%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 108% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Applied Scholastics International 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 46th percentile, and in the 49th percentile within NV. Charities of a similar size with the same main cause include Little Schoolhouse in the Woods ($143k), Northern Nevada Math Club Inc ($143k) and Platform Art Inc ($143k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $78k against liabilities of $84k, net assets of -$5,798.
Income and spending
Where the income comes from
- Contributions & grants 21%
- Program services 79%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Little Schoolhouse in the Woods | Cincinnati | $143k |
| Northern Nevada Math Club Inc | Sparks | $143k |
| Platform Art Inc | Lakeland | $143k |
| Tomball High School Charms Booster Club | Tomball | $143k |