Polar Bear Foundation

Analysis

Polar Bear Foundation is a registered charity in United States, based in Dillsburg, PA. It received its IRS tax-exemption ruling in October 2006, 20 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, Polar Bear Foundation reported income of $365k and spending of $502k, spending 138% of what it took in. Across the 3 years on record, from June 2019 to June 2023, income grew from $95k to $365k (+283%), an average of +96% a year. The sharpest change came in the year to June 2023, when income rose by 112%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Polar Bear Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Ohio Campus Compact ($365k), Association for Academic Surgery Foundation ($365k) and H O L I E of Greenfield Inc ($365k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $16k. At year end it held assets of $342k against liabilities of $538, net assets of $341k. It reported 1 employees.