Abington Friends School

Analysis

Abington Friends School is a registered charity in United States, based in Jenkintown, PA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Abington Friends School reported income of $24.7m and spending of $24.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $21.5m to $24.7m (+15%), an average of +3.6% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Abington Friends School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Key School Inc ($24.7m), Southside Christian School Upstate ($24.8m) and Foundation for Western Washington University and Alumni ($24.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.1% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $399k (1.6% of expenses). Other salaries and wages came to $9.3m. At year end it held assets of $30.1m against liabilities of $10.5m, net assets of $19.6m. It reported 286 employees.