Clarence Schock Scholarship & Fellowship Charitable Trust I

Analysis

Clarence Schock Scholarship & Fellowship Charitable Trust I is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Clarence Schock Scholarship & Fellowship Charitable Trust I reported income of $394k and spending of $328k, spending 83% of its income. Across the 5 years on record, from October 2019 to October 2023, income fell from $470k to $394k (-16%), an average of -4.3% a year. The sharpest change came in the year to October 2021, when income rose by 89%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Clarence Schock Scholarship & Fellowship Charitable Trust I sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Connecther ($394k), Sada Charity Preview Inc ($394k) and Bright Horizons Foundation for Children ($394k).

Compensation of current officers, directors and key employees was $37k (11% of expenses). At year end it held assets of $6.7m against liabilities of $0, net assets of $6.7m.