Ua Local 486-Bernard J Vondersmith Memorial Scholarship Fund

Analysis

Ua Local 486-Bernard J Vondersmith Memorial Scholarship Fund is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 2007, 19 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, Ua Local 486-Bernard J Vondersmith Memorial Scholarship Fund reported income of $74k and spending of $57k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $74k (+12%), an average of +12% a year. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ua Local 486-Bernard J Vondersmith Memorial Scholarship Fund sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within MD. Charities of a similar size with the same main cause include Strawberry Mansion Learning Center ($74k), Friends of Les Cheneaux Community Library ($74k) and Iota All Sports Backers ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $208k against liabilities of $0, net assets of $208k.