Rochester Childrens Scholarship Fund Inc

Analysis

Rochester Childrens Scholarship Fund Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in August 1955, 71 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 2023, Rochester Childrens Scholarship Fund Inc reported income of $111k and spending of $89k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $141k to $111k (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2020, when income dropped by 18%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rochester Childrens Scholarship Fund Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Wauwatosa Womans Club ($111k), Phi Beta Psi Sorority ($111k) and Alpharetta Elementary School Foundation Inc ($111k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $23k (26% of expenses). At year end it held assets of $1.6m against liabilities of $12k, net assets of $1.6m. It reported 1 employees.