Plumbers & Pipefitters Local 51 Scholarship Educational Fund

Analysis

Plumbers & Pipefitters Local 51 Scholarship Educational Fund is a registered charity in United States, based in Riverside, RI. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Plumbers & Pipefitters Local 51 Scholarship Educational Fund reported income of $272k and spending of $287k, spending 105% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $270k to $272k (+0.7%), an average of +0.1% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Plumbers & Pipefitters Local 51 Scholarship Educational Fund sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 56th percentile within RI. Charities of a similar size with the same main cause include Lockport Cares Inc ($272k), Leadership Eastside a Washington Nonprofit Corporation ($272k) and In-Sight Photography Project Incorporated ($272k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 96% of the total. At year end it held assets of $562k against liabilities of $0, net assets of $562k.