EIN 04-2296967

Scholarship America Inc

Education · St Peter · MN

Provider lists as eligible

Eligibility and identity

This section reports the provider record. It is not an endorsement, fraud clearance, or measure of impact.

Tax subsection: 501(c)(3)
Deductibility: Contributions are deductible.
Exempt status: Unconditional Exemption
NTEE category: Education
Address on file: 1 SCHOLARSHIP WAY, St Peter, MN, 56082-1693

Latest financial filing

Tax period: Fiscal year 2023. Dollar amounts can be delayed and reporting practices differ among organizations.

Total revenue

$240,271,340

Total expenses

$234,740,961

Operating difference

$5,530,379

Assets

$172,303,174

Liabilities

$57,025,596

Net assets

$115,277,578

Selected expense context

Reported item	Amount	Share of total expenses
Officer compensation	$634,326	0.3%
All listed compensation and benefits	$11,664,368	5%
Advertising and promotion	Not published	Not available
Professional fundraising	$0	0%

These amounts do not show whether programs worked. Salaries, technology, fundraising, and advertising can support or undermine a mission depending on context that a Form 990 does not capture.

Financial history

Digitized Form 990 filings. Growth or decline is context, not a verdict; a shrinking budget can reflect a completed program and a growing one can reflect need.

Fiscal year	Revenue	Expenses	Assets
2023	$240,271,340	$234,740,961	$172,303,174
2022	$222,521,699	$217,322,589	$168,435,471
2021	$217,380,140	$207,417,115	$171,886,443
2020	$196,558,508	$201,098,373	$150,354,223
2019	$206,274,453	$201,280,661	$147,610,318
2018	$186,759,603	$189,416,946	$137,654,974
2017	$189,290,399	$187,899,785	$147,897,755
2016	$175,608,075	$185,528,185	$138,143,264
2015	$183,759,752	$197,621,508	$137,105,652
2014	$182,865,303	$185,810,907	$172,150,262

Minnesota solicitation registration

Registered with the Minnesota Attorney General to solicit donations, status active. Registered charities file annual financial reports with the Attorney General; these are often more recent than the newest digitized Form 990.

Revenue (FY ending 12/31/2024): $259,860,246
Program spending: $229,805,109
Fundraising expense: $2,106,295
Total expenses: $243,305,423

Before you donate

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Review donation status

Source: IRS Business Master File and Form 990 extracts via ProPublica Nonprofit Explorer, and the Minnesota Attorney General soliciting-charities registry, retrieved 7/11/2026. Verify status directly with the IRS and, for Minnesota solicitation, the Minnesota Attorney General.