Carh Scholarship Fund
Carh Scholarship Fund consistently grows assets with no reported officer compensation.
EIN: 202938480 · Alexandria, VA · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $367K |
| Total Expenses | $99K |
| Program Spending | 90% |
| Net Assets | $512K |
| Transparency Score | 92/100 |
Is Carh Scholarship Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Carh Scholarship Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Carh Scholarship Fund
Carh Scholarship Fund (EIN: 202938480) is a nonprofit organization based in Alexandria, VA, classified under NTEE code B82. The organization reported total revenue of $367K and total assets of $597K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carh Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carh Scholarship Fund is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $157K |
| Total Expenses | $99K |
| Surplus / Deficit | +$58K |
| Total Assets | $512K |
| Net Assets | $512K |
| Operating Margin | 37.0% |
| Months of Reserves | 62.1 months |
Financial Health Grade: A
In 2023, Carh Scholarship Fund reported a surplus of $58K with revenue exceeding expenses, holds 62.1 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Carh Scholarship Fund's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +63.7% | +3.5% | +19.7% |
| 2022 | -11.4% | +29.5% | -10.2% |
| 2021 | +52.9% | +23.0% | +7.5% |
| 2020 | -9.4% | -19.0% | +5.0% |
| 2019 | +14.1% | +3.6% | +12.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Carh Scholarship Fund with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Carh Scholarship Fund allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $58K, with revenue exceeding expenses.
Executive Compensation Analysis
The Carh Scholarship Fund reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer channels, which significantly reduces administrative overhead for an organization of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Carh Scholarship Fund's IRS 990 filings:
- No specific red flags identified based on the provided financial data.
Strengths
The following positive indicators were identified for Carh Scholarship Fund:
- Consistent asset growth, from $278,125 in 2014 to $512,363 in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency.
- Expenses consistently lower than revenue in most recent periods (e.g., $98,985 expenses vs. $157,123 revenue in 2023).
- Strong financial stability with minimal to no reported liabilities.
- Extensive filing history (14 filings) demonstrating transparency and consistent reporting.
Frequently Asked Questions about Carh Scholarship Fund
Is Carh Scholarship Fund a legitimate charity?
Carh Scholarship Fund (EIN: 202938480) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $367K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Carh Scholarship Fund spend its money?
Carh Scholarship Fund directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Carh Scholarship Fund tax-deductible?
Carh Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 202938480). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Carh Scholarship Fund compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Carh Scholarship Fund is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Carh Scholarship Fund located?
Carh Scholarship Fund is headquartered in Alexandria, Virginia and files with the IRS under EIN 202938480. It is classified under NTEE code B82.
How many years of IRS 990 filings does Carh Scholarship Fund have?
Carh Scholarship Fund has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $367K in total revenue.
Is Carh Scholarship Fund a good charity?
Based on its financial data, Carh Scholarship Fund appears to be a good charity. It consistently maintains low expenses relative to revenue, has no reported officer compensation, and has steadily grown its assets, indicating efficient use of funds and strong financial health.
How has Carh Scholarship Fund's financial health changed over time?
Carh Scholarship Fund has shown consistent financial growth and stability. Its assets have nearly doubled from $278,125 in 2014 to $512,363 in 2023, and revenue has generally increased, demonstrating a positive trend in financial health.
What is the Carh Scholarship Fund's approach to executive compensation?
The Carh Scholarship Fund reports 0% officer compensation in all available IRS 990 filings, suggesting a commitment to minimizing administrative costs by not paying its officers or compensating them through other means not classified as officer compensation.
Filing History
IRS 990 filing history for Carh Scholarship Fund showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Carh Scholarship Fund's revenue has grown by 259.1%, moving from $44K to $157K. Total assets increased by 186.4% over the same period, from $179K to $512K. Total functional expenses rose by 670.4%, from $13K to $99K. In its most recent filing year (2023), Carh Scholarship Fund reported a surplus of $58K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $157K | $99K | $512K | $0 | — | — |
| 2022 | $96K | $96K | $428K | $700 | — | — |
| 2021 | $108K | $74K | $477K | $10K | — | View 990 |
| 2020 | $71K | $60K | $443K | $0 | — | View 990 |
| 2019 | $78K | $74K | $422K | $0 | — | View 990 |
| 2018 | $69K | $72K | $377K | $0 | — | View 990 |
| 2017 | $94K | $57K | $405K | $0 | — | View 990 |
| 2016 | $75K | $38K | $354K | $0 | — | View 990 |
| 2015 | $81K | $39K | $317K | $0 | — | View 990 |
| 2014 | $54K | $35K | $278K | $0 | — | View 990 |
| 2013 | $69K | $30K | $261K | $0 | — | View 990 |
| 2012 | $54K | $25K | $226K | $0 | — | View 990 |
| 2011 | $38K | $17K | $193K | $0 | — | View 990 |
| 2010 | $44K | $13K | $179K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $157K, expenses of $99K, and assets of $512K (revenue +63.7% year-over-year).
- 2022: Revenue of $96K, expenses of $96K, and assets of $428K (revenue -11.4% year-over-year).
- 2021: Revenue of $108K, expenses of $74K, and assets of $477K (revenue +52.9% year-over-year).
- 2020: Revenue of $71K, expenses of $60K, and assets of $443K (revenue -9.4% year-over-year).
- 2019: Revenue of $78K, expenses of $74K, and assets of $422K (revenue +14.1% year-over-year).
- 2018: Revenue of $69K, expenses of $72K, and assets of $377K (revenue -27.4% year-over-year).
- 2017: Revenue of $94K, expenses of $57K, and assets of $405K (revenue +25.9% year-over-year).
- 2016: Revenue of $75K, expenses of $38K, and assets of $354K (revenue -7.8% year-over-year).
- 2015: Revenue of $81K, expenses of $39K, and assets of $317K (revenue +49.3% year-over-year).
- 2014: Revenue of $54K, expenses of $35K, and assets of $278K (revenue -20.5% year-over-year).
- 2013: Revenue of $69K, expenses of $30K, and assets of $261K (revenue +27.6% year-over-year).
- 2012: Revenue of $54K, expenses of $25K, and assets of $226K (revenue +42.9% year-over-year).
- 2011: Revenue of $38K, expenses of $17K, and assets of $193K (revenue -14.1% year-over-year).
- 2010: Revenue of $44K, expenses of $13K, and assets of $179K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carh Scholarship Fund:
Data Sources and Methodology
This transparency report for Carh Scholarship Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.