Abington School District Educational Foundation

Analysis

Abington School District Educational Foundation is a registered charity in United States, based in Abington, PA. It received its IRS tax-exemption ruling in February 2023, 3 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, Abington School District Educational Foundation reported income of $54k and spending of $56k, spending 102% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $39k to $54k (+41%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 45%. Over the whole period it spent 134% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Abington School District Educational Foundation 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 21st percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include Columbia Electrical Council ($54k), Fiduciary and Community Service Office Inc ($54k) and WG 1998 Scholarship Foundation ($54k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.