Pipefitters Local Union 120 Scholarship Fund

Analysis

Pipefitters Local Union 120 Scholarship Fund is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in September 1974, 52 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 April 2024, Pipefitters Local Union 120 Scholarship Fund reported income of $120k and spending of $108k, spending 91% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $119k to $120k (+0.1%), an average of +0.1% a year. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pipefitters Local Union 120 Scholarship Fund sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Burbank Tournament of Roses Association ($120k), Madison Ptsa 6 15 425 ($120k) and Magnolia Global Academy for Leaders-Mgal ($120k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.