International Brotherhood Scholrshp Fund of Boilrmkrs Irn SHP BLDRS

Analysis

International Brotherhood Scholrshp Fund of Boilrmkrs Irn SHP BLDRS is a registered charity in United States, based in Newportville, PA. It received its IRS tax-exemption ruling in October 1978, 48 years ago. 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 June 2023, International Brotherhood Scholrshp Fund of Boilrmkrs Irn SHP BLDRS reported income of $69k and spending of $85k, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $120k to $69k (-43%), an average of -13% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 152% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Brotherhood Scholrshp Fund of Boilrmkrs Irn SHP BLDRS 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 27th percentile, and in the 25th percentile within PA. Charities of a similar size with the same main cause include North Scott Music Boosters Incorporated ($69k), West Virginia Univ Forestry Endowment Fund of the Wvu Forestry ($69k) and Pennsylvania Historical Association ($69k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 66% of the total. At year end it held assets of $620k against liabilities of $0, net assets of $620k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.