Michael S Schisler Scholarship Inc

Analysis

Michael S Schisler Scholarship Inc is a registered charity in United States, based in Niceville, FL. It received its IRS tax-exemption ruling in June 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, Michael S Schisler Scholarship Inc reported income of $76k and spending of $91k, spending 119% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $103k to $76k (-26%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Michael S Schisler Scholarship Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Parent Booster USA Inc ($76k), Highlands Ranch Community Scholarship Fund ($76k) and Graham Boosters Club ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $140k against liabilities of $0, net assets of $140k.