New York Consulting Engineering Scholarship and Educational Fund

Analysis

New York Consulting Engineering Scholarship and Educational Fund is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in March 2001, 25 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 June 2023, New York Consulting Engineering Scholarship and Educational Fund reported income of $128k and spending of $107k, spending 83% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $74k to $128k (+73%), an average of +20% a year. The sharpest change came in the year to June 2020, when income dropped by 100%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New York Consulting Engineering Scholarship and Educational Fund sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Educational Foundation of the Alabama Society of Certified Publi ($128k), River Valley Education Foundation ($128k) and Oak Grove Foundation of Dekalb County Georgia Inc ($128k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $166k against liabilities of $27k, net assets of $139k.