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SCHOLARSHIP AMERICA INC

MINNEAPOLIS, Minnesota, 55425

EIN: 04-2296967

Educational Institutions and Related Activities

DEMOGRAPHIC

ADDRESS
7900 INTERNATIONAL DR STE 500
55425
COUNTY
hennepin county, MN

ORGANIZATIONAL OVERVIEW & RANKINGS

SCHOLARSHIP AMERICA INC is a based in MINNEAPOLIS, MN, focused on Educational Institutions and Related Activities causes . Established in April 1962, it operates as an central corporation and contributions to this organization are tax-deductible .

With total assets of $172,303,174.00, this ranks 6,543 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 152 out of 53,624 organizations in MN (Top 1%).

In hennepin county, MN, the organization ranks 65 out of 13,125 nonprofits by assets (Top 1%), while locally in minneapolis, it stands at 42 among 6,505 organizations (Top 1%).

The organization reported annual revenue of $240,271,340.00, ranking 2,204 nationally (Top 1%) and 53 in MN (Top 1%).

Within its specific NTEE classification (B820 - B: Educational Institutions and Related Activities), which includes 387 similar organizations, SCHOLARSHIP AMERICA INC ranks 13 in assets (Top 4%) and 2 in revenue (Top 1%).

The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
6: Central
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Scholarships other
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
N/A
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
9: $50,000,000 to greater
INCOME AMOUNT
$400,919,473.00
FORM 990 REVENUE AMOUNT
$240,271,340.00
RULING DATE
04/1962
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$172,303,174.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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