California Scholarship Federation

Analysis

California Scholarship Federation is a registered charity in United States, based in Laguna Niguel, CA. It received its IRS tax-exemption ruling in February 1963, 63 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, California Scholarship Federation reported income of $260k and spending of $241k, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $184k to $260k (+41%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 177%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, California Scholarship Federation 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 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include The Cum Laude Society Inc ($260k), Novato High School Boosters Club ($260k) and Redi IV ($260k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% of the total. Other salaries and wages came to $21k. At year end it held assets of $1.1m against liabilities of $8,119, net assets of $1.1m.