Wanamaker Institute of Industries

Analysis

Wanamaker Institute of Industries is a registered charity in United States, based in Plymouth MTNG, PA. It received its IRS tax-exemption ruling in April 1945, 81 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, Wanamaker Institute of Industries reported income of $70k and spending of $115k, spending 166% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $82k to $70k (-15%), an average of -4.0% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 135% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wanamaker Institute of Industries sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within PA. Charities of a similar size with the same main cause include Knoch Primary School PTO ($70k), Visioning Beyond Violence ($70k) and Hillside Center for Education Inc ($70k).

At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.