Teamsters JC 10 New England Scholarship Fund

Analysis

Teamsters JC 10 New England Scholarship Fund is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in July 2008, 18 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, Teamsters JC 10 New England Scholarship Fund reported income of $166k and spending of $114k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $155k to $166k (+6.6%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teamsters JC 10 New England Scholarship Fund sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Eden All Sports Booster Club ($166k), The Meadows of Northern Arizona Inc ($166k) and Willow School Parent Teacher Student Association ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $856k against liabilities of $0, net assets of $856k.