Big O Tires Scholarship Fund

Analysis

Big O Tires Scholarship Fund is a registered charity in United States, based in Palm BCH GDNS, FL. It received its IRS tax-exemption ruling in February 2012, 14 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, Big O Tires Scholarship Fund reported income of $105k and spending of $6,500, leaving 94% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $153k to $105k (-31%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Big O Tires Scholarship Fund sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Our Moms Care Inc ($105k), Promise Leadership Program ($105k) and Martis Valley Education Foundation ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $134k against liabilities of $0, net assets of $134k.