Cheltenham Township Adult School

Analysis

Cheltenham Township Adult School is a registered charity in United States, based in Wyncote, PA. It received its IRS tax-exemption ruling in March 1965, 61 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Cheltenham Township Adult School reported income of $234k and spending of $226k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $216k to $234k (+8.1%), an average of +2.0% a year. The sharpest change came in the year to June 2022, when income rose by 89%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cheltenham Township Adult School sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include Home and School Association of Penn Alexander School ($234k), Community United Outreach Inc ($234k) and Millbrook Wildcat Club Inc ($234k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $58k. At year end it held assets of $92k against liabilities of $2,291, net assets of $90k. It reported 4 employees.