Plumbers and Pipefitters Local 286 Scholarship Fund

Analysis

Plumbers and Pipefitters Local 286 Scholarship Fund is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 2019, 7 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 June 2023, Plumbers and Pipefitters Local 286 Scholarship Fund reported income of $101k and spending of $149k, spending 148% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $73k to $101k (+39%), an average of +38% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 141% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Plumbers and Pipefitters Local 286 Scholarship Fund sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Kiwanis Club of Ticonderoga Scholership Fund Inc ($101k), Little Green Gridiron Club Inc ($101k) and Trinity Preschool Corporation ($101k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.