The Pelham Education Foundation Inc

Analysis

The Pelham Education Foundation Inc is a registered charity in United States, based in Pelham, NY. It received its IRS tax-exemption ruling in July 1996, 30 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, The Pelham Education Foundation Inc reported income of $282k and spending of $235k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $282k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 172%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Pelham Education Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Association for Federal Information Resources Management ($281k), Cane Bay High School Athletic Boosters ($282k) and Chicago Pre-College Science and Engineering Program ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $262k against liabilities of $0, net assets of $262k.