Mission
(SEE SCHEDULE O)
Public Charity
SCHOLARSHIP AMERICA INC
SCHOLARSHIP AMERICA INC is a nonprofit organization categorized as Public Charity based in MINNEAPOLIS, MN. Its most recent IRS filing (2025) reports revenue of $52.4M, expenses of $31.8M, total assets of $312.2M. Imperigo tracks 23 reported grant relationships connected to this organization totaling approximately $15.6M.
EIN: 237039405
MINNEAPOLIS, MN
Scholarships & Student Financial Aid
NTEE: B82
Latest filing: 2025
Total Revenue$52.4M
Total Expenses$31.8M
Total Assets$312.2M
Grant Records23
Funding Total$15.6M
Filing Years2021–2025
Where $100 goes at Scholarship America Inc
How Scholarship America Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$90
Programs
the work itself
$8
Management
running the organization
$2
Fundraising
raising the next dollar
Inside the $90 for programs
$90
Scholarship America dollars for scholars affiliates are a national network of community-based, volunteer-operated scholarship foundations in cities, towns, and neighborhoods throughout the united states of america
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
BRAVE OF HEART SCHOLARSHIPS
$4,658,404
Scholarships and research
$37,600
BRAVE OF HEART SCHOLARSHIPS
$1,802,533
FOR THE ASM GLOBAL STARS SCHOLARSHIP PROGRAM. THE FUNDS GRANTED WERE DIRECTLY AWARDED TO THE SCHOLARSHIP RECIPIENTS. 100 STUDENTS WERE GIVEN A $2,500 SCHOLARSHIP AWARD.
$239,322
SCHOLARSHIPS AND GENERAL FUND RESEARCH EDUCATION
$35,100
Showing up to 5 of 23 total records — full history available with membership.
Officers & Directors
SCHEDULE O
See
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $52.4M | $31.8M | $312.2M |
| 2024 | $42.8M | $29.3M | $277.3M |
| 2023 | $40.1M | $27.9M | $253.1M |
| 2022 | $29.2M | $25.7M | $229.7M |
| 2021 | $45.2M | $25.7M | $246.4M |
Between 2021 and 2025, reported annual revenue grew from $45.2M to $52.4M (+16%), with total assets most recently reported at $312.2M.
Interactive year-over-year charts and full filing details available with membership.