Captains Endowment Association Scholarship Fund Inc

Analysis

Captains Endowment Association Scholarship Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2009, 17 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, Captains Endowment Association Scholarship Fund Inc reported income of $88k and spending of $80k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $88k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Captains Endowment Association Scholarship Fund Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Somerville Mathematics Fund Inc ($88k), Southridge High School Boosters Council Inc ($88k) and Untamed Science Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 19% of the total. At year end it held assets of $298k against liabilities of $44k, net assets of $254k.