Oley Valley Communtiy Education Foundation

Analysis

Oley Valley Communtiy Education Foundation is a registered charity in United States, based in Oley, PA. It received its IRS tax-exemption ruling in October 1997, 29 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, Oley Valley Communtiy Education Foundation reported income of $357k and spending of $201k, leaving 44% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $157k to $357k (+128%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 94%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oley Valley Communtiy Education Foundation sits at the 63rd percentile: it is larger than about 63% 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 American Family Education ($357k), Coeur Academy ($357k) and Spring Hill Center ($357k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $47k (24% of expenses). At year end it held assets of $940k against liabilities of $0, net assets of $940k.