Sheet Metal Workers Inter Assoc Scholarship Fund

Analysis

Sheet Metal Workers Inter Assoc Scholarship Fund is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 1989, 37 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 December 2023, Sheet Metal Workers Inter Assoc Scholarship Fund reported income of $168k and spending of $163k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $129k to $168k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sheet Metal Workers Inter Assoc Scholarship Fund sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include The Wilmot Learning Place ($168k), Northwest Citizens Patrol Inc ($168k) and Seven Star Womens Kung-Fu ($168k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 33% of the total. At year end it held assets of $356k against liabilities of $157k, net assets of $200k.