Saint Patricks Scholarship Fund Inc

Analysis

Saint Patricks Scholarship Fund Inc is a registered charity in United States, based in Trumbull, CT. It received its IRS tax-exemption ruling in October 2012, 14 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Saint Patricks Scholarship Fund Inc reported income of $50k and spending of $48k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $24k to $50k (+110%), an average of +110% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saint Patricks Scholarship Fund Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within CT. Charities of a similar size with the same main cause include Action Alliance International ($50k), McLean County Youth Hockey Assn Inc ($50k) and Preservation Association of the Southern Tier ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.