Inner-City Scholarship Inc 11-20-96

Analysis

Inner-City Scholarship Inc 11-20-96 is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in January 1998, 28 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 June 2023, Inner-City Scholarship Inc 11-20-96 reported income of $209k and spending of $118k, leaving 44% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $155k to $209k (+34%), an average of +7.7% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Inner-City Scholarship Inc 11-20-96 sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Mountain View Thunder Athletic Foundation ($209k), Monterey Bay Charter School Parent Teacher Group Inc ($209k) and National Urban Technology Center Inc ($209k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.