Plumbers Local Union No 690 Scholarship Fund

Analysis

Plumbers Local Union No 690 Scholarship Fund is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 2003, 23 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 April 2023, Plumbers Local Union No 690 Scholarship Fund reported income of $195k and spending of $98k, leaving 50% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income grew from $150k to $195k (+30%), an average of +6.8% a year. The sharpest change came in the year to April 2022, when income rose by 19%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Plumbers Local Union No 690 Scholarship Fund sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include Glenn High School Band Booster Club ($195k), Orwigsburg Area Free Public Library ($195k) and Blossomtime Scholarship Fund ($195k).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 88% of the total. At year end it held assets of $997k against liabilities of $14k, net assets of $982k.