Best Student Fund

Analysis

Best Student Fund is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in October 2001, 25 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 June 2023, Best Student Fund reported income of $225k and spending of $183k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $618k to $225k (-64%), an average of -22% a year. The sharpest change came in the year to June 2020, when income dropped by 67%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Best Student Fund sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within AZ. Charities of a similar size with the same main cause include Foundation for Public Education in Georgia Inc ($225k), John Paul II Polish Supplementary School of Maspeth Inc ($225k) and Leap Inc ($225k).

On its Form 990 for the period ending June 2023, 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.