Local 39 Educational Scholarship Fund

Analysis

Local 39 Educational Scholarship Fund is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 2005, 21 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 December 2023, Local 39 Educational Scholarship Fund reported income of $220k and spending of $133k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $199k to $220k (+11%), an average of +2.5% a year. The sharpest change came in the year to December 2022, when income rose by 1731%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Local 39 Educational Scholarship Fund sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Helderberg Christian School ($220k), Heritage High School Football Booster Club ($220k) and Houston Area Alliance of Black School Educators ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $820k against liabilities of $0, net assets of $820k.