Val Trebbia 2 Val Nure Scholarship Fund

Analysis

Val Trebbia 2 Val Nure Scholarship Fund is a registered charity in United States, based in Milford, CT. It received its IRS tax-exemption ruling in October 1971, 55 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 May 2024, Val Trebbia 2 Val Nure Scholarship Fund reported income of $121k and spending of $43k, leaving 65% of income unspent that year. Across the 3 years on record, from May 2022 to May 2024, income grew from $66k to $121k (+83%), an average of +35% a year. The sharpest change came in the year to May 2024, when income rose by 225%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Val Trebbia 2 Val Nure Scholarship Fund sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within CT. Charities of a similar size with the same main cause include Oceanside American Little League Inc ($121k), Delta Center Stage Inc ($121k) and Manhattan Beach Nursery School Inc ($121k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 3.5% of the total. At year end it held assets of $488k against liabilities of $0, net assets of $488k.