James C Cabrera Memorialscholarship Fund

Analysis

James C Cabrera Memorialscholarship Fund is a registered charity in United States, based in Old Greenwich, CT. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, James C Cabrera Memorialscholarship Fund reported income of $179k and spending of $217k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $179k (+9.2%), an average of +9.2% a year. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, James C Cabrera Memorialscholarship Fund sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within CT. Charities of a similar size with the same main cause include Blacks United in Leading Technology International ($179k), Decatur High School Band Parents Association ($179k) and Sarah Smith Education Foundation Inc ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $359k against liabilities of $0, net assets of $359k.