Cement and Concrete Workers Scholarship Fund

Analysis

Cement and Concrete Workers Scholarship Fund is a registered charity in United States, based in Bayside, NY. It received its IRS tax-exemption ruling in December 2004, 22 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, Cement and Concrete Workers Scholarship Fund reported income of $306k and spending of $332k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $359k to $306k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cement and Concrete Workers Scholarship Fund sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Harleys Dream ($306k), Bina Girls High School Inc ($306k) and The Golden Connection Childcare Center ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 31% of the total. At year end it held assets of $2.5m against liabilities of $19k, net assets of $2.4m.