Robert C Leverich Scholarship Fund

Analysis

Robert C Leverich Scholarship Fund is a registered charity in United States, based in Darien, CT. It received its IRS tax-exemption ruling in November 1979, 47 years ago. 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 December 2023, Robert C Leverich Scholarship Fund reported income of $53k and spending of $85k, spending 160% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $53k (-43%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 123% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Robert C Leverich Scholarship Fund sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within CT. Charities of a similar size with the same main cause include PTA New Jersey Congress of Parents & Teachers ($53k), Eta Sigma Gamma Inc ($53k) and Saul Alexander Foundation ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.