Pennsylvania Art Education Assn

Analysis

Pennsylvania Art Education Assn is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in February 1978, 48 years ago. 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 December 2023, Pennsylvania Art Education Assn reported income of $61k and spending of $78k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $69k to $61k (-12%), an average of -12% a year. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pennsylvania Art Education Assn sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within PA. Charities of a similar size with the same main cause include Meriden Boys Club Endowment Fund ($61k), Rutherford Library Assn ($61k) and Little League Baseball Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.2% and program service revenue 69% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.