Fairfield Police Union Scholarship Fund Inc

Analysis

Fairfield Police Union Scholarship Fund Inc is a registered charity in United States, based in Fairfield, CT. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fairfield Police Union Scholarship Fund Inc reported income of $216k and spending of $65k, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $216k (+5.4%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income rose by 210%. Over the whole period it spent 35% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fairfield Police Union Scholarship Fund Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within CT. Charities of a similar size with the same main cause include Eddie Adams Workshop Organization Inc ($216k), Supporters of Braddock Drive Elementary School ($216k) and WCCCD Scholarship Committee ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.