East Bay Division Scholarship Foundation Inc

Analysis

East Bay Division Scholarship Foundation Inc is a registered charity in United States, based in Alameda, CA. It received its IRS tax-exemption ruling in July 1985, 41 years ago. 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 2024, East Bay Division Scholarship Foundation Inc reported income of $67k and spending of $52k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $161k to $67k (-59%), an average of -59% a year. The sharpest change came in the year to June 2024, when income dropped by 59%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Bay Division Scholarship Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include PTA Tennessee Congress of Parents & Teachers Inc ($67k), Glastonbury Lacrosse Club Inc ($67k) and New Haven Railroad Historical & Technical Association Incorporated ($67k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 84% of the total. At year end it held assets of $386k against liabilities of $0, net assets of $386k.