Conestoga Valley Education Foundation

Analysis

Conestoga Valley Education Foundation is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Conestoga Valley Education Foundation reported income of $312k and spending of $379k, spending 122% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $286k to $312k (+9.0%), an average of +2.9% a year. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Conestoga Valley Education Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Working to Extend Anti-Racist Education ($312k), Tyler Independent School District Foundation ($312k) and Hawaii Interscholastic Athletic Directors Association ($312k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $20k (5.3% of expenses). At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.