Central Islip Teachers Association Scholarship Fund

Analysis

Central Islip Teachers Association Scholarship Fund is a registered charity in United States, based in Central Islip, NY. It received its IRS tax-exemption ruling in June 2008, 18 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, Central Islip Teachers Association Scholarship Fund reported income of $65k and spending of $94k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $64k to $65k (+1.4%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 143% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Islip Teachers Association Scholarship Fund sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Mountain View Elementary School Parent Teacher Organization ($65k), International University of Professional Studies ($65k) and Victory Learning Center Inc ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $441k against liabilities of $29k, net assets of $412k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.