Ephrata Area Education Foundation

Analysis

Ephrata Area Education Foundation is a registered charity in United States, based in Ephrata, PA. It received its IRS tax-exemption ruling in April 2004, 22 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 June 2023, Ephrata Area Education Foundation reported income of $184k and spending of $215k, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $496k to $184k (-63%), an average of -22% a year. The sharpest change came in the year to June 2020, when income dropped by 69%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ephrata Area Education Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Levi Yitzchak Family Center Inc ($183k), Yeshiva Gedola Ohr Hatorah Inc ($184k) and Harvey Foundation Inc ($183k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $57k (27% of expenses). At year end it held assets of $634k against liabilities of $75k, net assets of $558k. It reported 1 employees.