Culver City Community Scholarship Fund Inc

Analysis

Culver City Community Scholarship Fund Inc is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in March 1999, 27 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, Culver City Community Scholarship Fund Inc reported income of $153k and spending of $181k, spending 118% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $222k to $153k (-31%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. 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, Culver City Community Scholarship Fund Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Carpinteria High School Booster Club ($153k), Huaxia Edison Chinese School a NJ Nonprofit Organization ($153k) and Wonder Institute ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $201k against liabilities of $7,477, net assets of $194k.