Public Charity

ScholarCHIPS Inc

ScholarCHIPS Inc is a Public Charity headquartered in Washington, DC. Financial data from the 2024 filing: $406K revenue, $545K expenses, $260K total assets. 10 publicly reported grants to this organization, totaling roughly $132K, appear in IRS filings.

EIN: 463127898 Washington, DC Latest filing: 2024
Total Revenue$406K
Total Expenses$545K
Total Assets$260K
Grant Records10
Funding Total$132K
Filing Years2020–2024

Mission

Scholarchips provides college scholarships, mentoring and a peer support network to children of incarcerated parents, inspiring them to complete their college education.

Officers & Directors

Board Member Alex Hollingsworth
Board Member Andranae Nelson
Board Chair Chris Magnuson
Board Member Karen Addis
Vice Chair Miyesha Perry
Board Member Natalie Eisner

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$57,783 4 grants
Unspecified
$26,893 1 grant
PEOPLE OF PROMISE AWARD
$20,000 1 grant
For grant recipient's exempt purposes
$17,600 3 grants
CHARITY ALLIANCE
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $406K $545K $260K
2023 $261K $375K $406K
2022 $292K $275K $514K
2021 $490K $201K $494K
2020 $247K $218K $205K

Between 2020 and 2024, reported annual revenue grew from $247K to $406K (+64%), with total assets most recently reported at $260K.

Interactive year-over-year charts and full filing details available with membership.

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