I B E W Local 25 Scholarship Fund

Analysis

I B E W Local 25 Scholarship Fund is a registered charity in United States, based in Hauppauge, NY. It received its IRS tax-exemption ruling in July 2019, 7 years ago. 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 December 2023, I B E W Local 25 Scholarship Fund reported income of $179k and spending of $161k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $166k to $179k (+8.1%), an average of +8.1% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, I B E W Local 25 Scholarship Fund sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Harvard Glee Club Inc ($179k), Little League Baseball Inc ($179k) and Mary Walker Historical and Educational Foundation Inc ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $145k against liabilities of $0, net assets of $145k.