United Food & Commercial Workers Union Local 880 Scholarship Fund

Analysis

United Food & Commercial Workers Union Local 880 Scholarship Fund is a registered charity in United States, based in Broadview HTS, OH. It received its IRS tax-exemption ruling in August 1993, 33 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 September 2023, United Food & Commercial Workers Union Local 880 Scholarship Fund reported income of $74k and spending of $13k, leaving 82% of income unspent that year. Across the 3 years on record, from September 2021 to September 2023, income grew from $45k to $74k (+64%), an average of +28% a year. The sharpest change came in the year to September 2022, when income rose by 44%. Over the whole period it spent 31% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, United Food & Commercial Workers Union Local 880 Scholarship Fund sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within OH. Charities of a similar size with the same main cause include Rutherford County Library Foundation ($74k), Muslims for Peace Inc a New Jersey Non-Profit Corporation ($74k) and Sandpiper Elementary School Parent Teacher Organization ($74k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $597k against liabilities of $0, net assets of $597k.