Pennsylvania Economy League Inc

Analysis

Pennsylvania Economy League Inc is a registered charity in United States, based in Camp Hill, PA. It received its IRS tax-exemption ruling in September 1945, 81 years ago. 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, Pennsylvania Economy League Inc reported income of $3.7m and spending of $4.4m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $3.7m (+6.2%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pennsylvania Economy League Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Foothills Housing Corporation ($3.7m), Westchester Parks Foundation Inc ($3.7m) and Make a Wish Foundation of Eastern North Carolina Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $204k (4.6% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $2.2m against liabilities of $2.5m, net assets of -$362k. It reported 15 employees.