Cincinnati Scholarship Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Cincinnati Scholarship Foundation is a 501(c)(3) organization based in Cincinnati, Ohio, registered in 1951, with $2,127,105 in FY2023 revenue. CharityIndex grades it B.
324 E 4th St Fl 2, Cincinnati, OH, 45202 EIN 31-0603619 Since 1951
Revenue (FY2023)
$2.1M
▲ 16.3% vs prior year
Expenses (FY2023)
$2.2M
Net assets
$5.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Cincinnati Scholarship Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating31 mo reserves · -4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Cincinnati Scholarship Foundation: 31 mo reserves · -4% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Cincinnati Scholarship Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Cincinnati Scholarship Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 324 E 4th St Fl 2, Cincinnati, OH, 45202
- City
- Cincinnati
- State
- Ohio
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $2.0M (FY2013) to $2.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $47KNet assets $5.8M
Operating margin
-4.4%
Spent more than it raised in the latest fiscal year.
Total assets
$5.8M
Total liabilities
$47K
Net assets
$5.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,127,105▲16.3% | $2,220,695▲3.8% | $5,793,713▲7.0% | $5,840,864▲6.7% | 990 |
| 2022 | $1,829,317▼37.5% | $2,138,422▲22.6% | $5,413,128▲1.9% | $5,473,124▲2.7% | 990 |
| 2021 | $2,926,978▲35.7% | $1,743,534▼5.0% | $5,314,597▲3.5% | $5,326,854▲3.5% | 990 |
| 2020 | $2,157,434▲19.8% | $1,834,643▼8.7% | $5,135,978▲16.9% | $5,147,251▲17.0% | 990 |
| 2019 | $1,801,115▼24.7% | $2,010,435▲2.0% | $4,392,032▼3.7% | $4,400,031▼3.7% | 990 |
| 2018 | $2,390,516▲21.1% | $1,970,736▼3.5% | $4,560,194▲13.9% | $4,570,402▲9.9% | 990 |
| 2017 | $1,973,330▼3.4% | $2,043,096▲13.0% | $4,005,058▼0.6% | $4,156,862▲2.9% | 990 |
| 2016 | $2,043,040▲26.5% | $1,807,522▼2.1% | $4,027,532▲9.3% | $4,038,723▲9.0% | 990 |
| 2015 | $1,614,809▼6.0% | $1,846,273▼5.0% | $3,686,098▼8.0% | $3,703,995▼8.1% | 990 |
| 2014 | $1,717,373▼12.1% | $1,943,110▲5.2% | $4,005,617▼7.5% | $4,031,951▼7.1% | 990 |
| 2013 | $1,952,776 | $1,846,816▲5.5% | $4,328,388▲5.1% | $4,342,384▲5.1% | 990 |
| 2012 | — | $1,749,868▼8.5% | $4,116,527▲41.9% | $4,133,017▲41.9% | 990 |
| 2011 | — | $1,911,457▼13.0% | $2,900,926▲11.7% | $2,913,139▲11.2% | 990 |
| 2009 | — | $2,197,051 | $2,596,613 | $2,619,984 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $13.9M total
27 grants to Cincinnati Scholarship Foundation totaling $13.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Greater Cincinnati Foundation | Programatic support | 2024 | $1,301,660 |
| Greater Cincinnati Foundation | Programatic support | 2024 | $1,301,660 |
| St Elizabeth Medical Center Inc | Program support | 2024 | $10,000 |
| Greater Cincinnati Foundation | Programatic support | 2023 | $1,358,444 |
| Greater Cincinnati Foundation | General purpose | 2022 | $1,229,568 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $10,000 |
| Greater Cincinnati Foundation | General purpose | 2021 | $1,055,767 |
| American Endowment Foundation | Educational | 2021 | $19,000 |
| Greater Cincinnati Foundation | General purpose | 2020 | $1,120,939 |
| American Endowment Foundation | Programs | 2020 | $23,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2020 | $10,000 |
| Greater Cincinnati Foundation | General purpose | 2019 | $1,034,329 |
| American Endowment Foundation | Programs | 2019 | $23,000 |
| National Philanthropic Tr | Education | 2019 | $11,500 |
| Greater Cincinnati Foundation | General purpose | 2018 | $1,077,090 |
Frequently asked questions
- Is Cincinnati Scholarship Foundation a legitimate nonprofit?
- Yes. Cincinnati Scholarship Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-0603619, based in Cincinnati, Ohio. Donations are tax-deductible.
- What is Cincinnati Scholarship Foundation's EIN?
- Cincinnati Scholarship Foundation's Employer Identification Number (EIN) is 31-0603619.
- How much revenue does Cincinnati Scholarship Foundation report?
- Cincinnati Scholarship Foundation reported $2,127,105 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Cincinnati Scholarship Foundation have?
- CharityIndex grades Cincinnati Scholarship Foundation B, based on financial health (reserves and operating margin).
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Data for Cincinnati Scholarship Foundation (EIN 31-0603619) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.