Fsa Scholarship Foundation

Analysis

Fsa Scholarship Foundation is a registered charity in United States, based in Flower Mound, TX. It received its IRS tax-exemption ruling in June 2002, 24 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, Fsa Scholarship Foundation reported income of $53k and spending of $58k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $236k to $53k (-77%), an average of -31% a year. The sharpest change came in the year to December 2020, when income dropped by 57%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fsa Scholarship Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include Placer High School Baseball Boosters Club ($53k), Sparkpositivity Inc ($53k) and Easley Homeschool Athletics Inc ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 140% of the total. Compensation of current officers, directors and key employees was $21k (37% of expenses). At year end it held assets of $218k against liabilities of $57k, net assets of $161k.