Hollidaysburg Area School District Foundation

Analysis

Hollidaysburg Area School District Foundation is a registered charity in United States, based in Hollidaysburg, PA. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hollidaysburg Area School District Foundation reported income of $239k and spending of $108k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $209k to $239k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 146%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hollidaysburg Area School District Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include Beyond Limits Therapeutic Riding Inc ($239k), Society for Artificial Intelligence & Statistics ($239k) and Pharmacy Leadership and Education Institute Inc ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $428k against liabilities of $0, net assets of $428k.