York Electrical Institute

Analysis

York Electrical Institute is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in September 2019, 7 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 May 2024, York Electrical Institute reported income of $524k and spending of $613k, spending 117% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income fell from $665k to $524k (-21%), an average of -4.7% a year. The sharpest change came in the year to May 2020, when income dropped by 43%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, York Electrical Institute sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Sharing WW Inc ($523k), The Presbyterian Association of Cha Utauqua New York ($524k) and Advancement Leadership Lab ($523k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 88% of the total. Compensation of current officers, directors and key employees was $269k (44% of expenses). Other salaries and wages came to $67k. At year end it held assets of $1.7m against liabilities of $22k, net assets of $1.6m. It reported 18 employees.