Manheim Township Educational Foundation

Analysis

Manheim Township Educational Foundation is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in August 1994, 32 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, Manheim Township Educational Foundation reported income of $362k and spending of $276k, leaving 24% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $255k to $362k (+42%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Manheim Township Educational Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Monarch Academy ($362k), Eastern Shore Public Library Foundation ($362k) and National Association of Corporate Directors ($362k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $67k (24% of expenses). Other salaries and wages came to $28k. At year end it held assets of $1.3m against liabilities of $310k, net assets of $1.0m. It reported 2 employees.