Croatian Fraternal Union Scholarship Foundation Inc

Analysis

Croatian Fraternal Union Scholarship Foundation Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in January 1959, 67 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Croatian Fraternal Union Scholarship Foundation Inc reported income of $790k and spending of $210k, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $339k to $790k (+133%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 181%. Over the whole period it spent 30% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Croatian Fraternal Union Scholarship Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Pals Plus Inc ($789k), Annur Islamic School ($790k) and Midland Foundation ($789k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $9.2m against liabilities of $0, net assets of $9.2m.