Terry Scholars Fund

Analysis

Terry Scholars Fund is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2022, 4 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, Terry Scholars Fund reported income of $232k and spending of $237k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $232k (+205%), an average of +205% a year. The sharpest change came in the year to December 2023, when income rose by 205%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Terry Scholars Fund sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Missouri Valley Christian Academy ($232k), Tree Fredericksburg ($232k) and Los Alamitos Song & Cheer Inc ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.