Scholarleaders International

Analysis

Scholarleaders International is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in March 1984, 42 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 August 2023, Scholarleaders International reported income of $1.9m and spending of $2.2m, spending 115% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $2.3m to $1.9m (-15%), an average of -4.0% a year. The sharpest change came in the year to August 2022, when income rose by 170%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Scholarleaders International sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Sam Houston University Foundation Inc ($1.9m), Good Jobs First ($1.9m) and Perrot Memorial Library Association of Old Greenwich Incorporated ($1.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $181k (8.1% of expenses). Other salaries and wages came to $551k. At year end it held assets of $2.8m against liabilities of $153k, net assets of $2.6m. It reported 6 employees.