Barnesville Scholarship Fund Inc

Analysis

Barnesville Scholarship Fund Inc is a registered charity in United States, based in Boston, MA. 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, Barnesville Scholarship Fund Inc reported income of $232k and spending of $19k, leaving 92% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $2.0m to $232k (-88%), an average of -88% a year. The sharpest change came in the year to December 2023, when income dropped by 88%. Over the whole period it spent 1.6% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Barnesville Scholarship Fund Inc 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 60th percentile within MA. Charities of a similar size with the same main cause include Bridges Between US Inc ($232k), Bentleyville Public Library ($232k) and Cedarburg Community Scholarship Fund ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $2.7m against liabilities of $6,500, net assets of $2.7m.