Local 282 Intl Brotherhood of Teamsters Scholarship Fund

Analysis

Local 282 Intl Brotherhood of Teamsters Scholarship Fund is a registered charity in United States, based in Lake Success, NY. It received its IRS tax-exemption ruling in May 2011, 15 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, Local 282 Intl Brotherhood of Teamsters Scholarship Fund reported income of $137k and spending of $156k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $152k to $137k (-10%), an average of -10% a year. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Local 282 Intl Brotherhood of Teamsters Scholarship Fund sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Parent Booster USA Inc ($137k), American Schools Association ($137k) and Cobb County Bar Association Community Service Fund Inc ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $286k against liabilities of $149k, net assets of $137k.