SCHOLARSHIP AMERICA INC

MINNEAPOLIS, MN, 55425-2561 (952) 830-7396 Est. 1958 EIN 23-7039405
B820— Education Form 990 501(c)(3)

Mission

(SEE SCHEDULE O)

Giving Portfolio

Total Grants
106
Total Giving
$6.4M
Recipients
102
Years Active
2018 - 2024
Avg grant: $56,160 Median: $31,023

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202417$681K $40K413
202318$967K $54K512
202213$470K $36K110
202119$2.7M $140K811
202010$391K $39K46
201913$547K $42K310
201816$667K $42K150

Sectors Funded

Philanthropy & Grantmaking
86
Education
6
Public & Societal Benefit
1
Health Care
1

Top States

Indiana
22
Washington
18
Iowa
16
New York
11
Minnesota
7
Pennsylvania
6
Rhode Island
6
New Hampshire
5
and 7 more states

Grantee Size Profile

$10M - $50M
36
Over $50M
24
$5M - $10M
19
$1M - $5M
10
$500K - $1M
4
Under $100K
1
$100K - $500K
1

Top Grantees

and 15 more grantees

Grants Awarded · 97 grants

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Financials

Total Revenue
$42,758,638
Total Expenses
$29,330,151
Net Assets
$277,252,707
8 employees 9,500 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
9.5 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 6.7%
Expenses ↑ 5.1%
Revenue Sources
Contributions 65.2% Investment 29.1% Other 6.0%
Expense Breakdown
Program 89.7% Management 8.8% Fundraising 1.5%

Officers & Trustees (1)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 Form 990$42,758,638 $29,330,151$277,252,707
2023 Form 990$40,074,677 $27,906,725$253,059,625
2022 Form 990$29,151,786 $25,702,075$229,703,495
2021 Form 990$45,248,225 $25,700,308$246,361,861
2020 Form 990$29,933,482 $23,114,305$219,130,905
2019 Form 990$34,220,842 $22,499,331$206,987,645
2018 Form 990$28,182,470 $22,011,358$184,732,604

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EIN: 23-7039405 · Source: IRS Form 990 e-file data