Central Pennsylvania College Education Foundation

Analysis

Central Pennsylvania College Education Foundation is a registered charity in United States, based in Enola, PA. It received its IRS tax-exemption ruling in October 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Central Pennsylvania College Education Foundation reported income of $713k and spending of $569k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $996k to $713k (-28%), an average of -8.0% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Pennsylvania College Education Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Advocates for Justice & Education Inc ($713k), Student Association Jefferson Community College ($714k) and High Braes Refuge Inc ($713k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Other salaries and wages came to $34k. At year end it held assets of $9.4m against liabilities of $77k, net assets of $9.3m.