F W & Elsie L Heyl Science Scholarship Fund TR

Analysis

F W & Elsie L Heyl Science Scholarship Fund TR is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in August 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, F W & Elsie L Heyl Science Scholarship Fund TR reported income of $4.1m and spending of $2.4m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.6m to $4.1m (-26%), an average of -7.2% a year. The sharpest change came in the year to December 2021, when income rose by 622%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, F W & Elsie L Heyl Science Scholarship Fund TR sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Chemung County Library District ($4.1m), Gakko Hoojin Hokkaido International School ($4.1m) and Temple Christian Schools of Fort Worth Inc ($4.1m).

Compensation of current officers, directors and key employees was $67k (2.7% of expenses). At year end it held assets of $46.7m against liabilities of $0, net assets of $46.7m.