Harry Cashin Memorial Scholaship Fund Inc

Analysis

Harry Cashin Memorial Scholaship Fund Inc is a registered charity in United States, based in North Bergen, NJ. It received its IRS tax-exemption ruling in September 1998, 28 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, Harry Cashin Memorial Scholaship Fund Inc reported income of $61k and spending of $47k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $61k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harry Cashin Memorial Scholaship Fund Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 31st percentile within NJ. Charities of a similar size with the same main cause include Eastern New Mexico University-Ruidoso Foundation Inc ($61k), Sigma Phi Epsilon Education Foundation of Texas Alpha ($61k) and PTA New Jersey Congress of Parents & Teachers ($61k).

At year end it held assets of $309k against liabilities of $0, net assets of $309k.