Local 926s Maria Concillo Memorial Scholarship Fund Inc

Analysis

Local 926s Maria Concillo Memorial Scholarship Fund Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2024, Local 926s Maria Concillo Memorial Scholarship Fund Inc reported income of $68k and spending of $57k, spending 84% of its income. Across the 2 years on record, from February 2023 to February 2024, income fell from $73k to $68k (-7.3%), an average of -7.3% a year. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Local 926s Maria Concillo Memorial Scholarship Fund Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Rose Lane Team Inc ($68k), Garrett Mentors Inc ($68k) and Frankfort Independent Schools Education Foundation Inc ($68k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 53% of the total. At year end it held assets of $286k against liabilities of $0, net assets of $286k.