Ua Local 630 Scholarship Fund

Analysis

Ua Local 630 Scholarship Fund is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ua Local 630 Scholarship Fund reported income of $70k and spending of $33k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $70k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ua Local 630 Scholarship Fund sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Byte Amusement Group Inc ($70k), Mahtomedi Elementary Parent Teacher Organization ($70k) and Belton Band Boosters ($70k).

At year end it held assets of $105k against liabilities of $0, net assets of $105k.