Corry Area School District Foundation

Analysis

Corry Area School District Foundation is a registered charity in United States, based in Corry, PA. It received its IRS tax-exemption ruling in April 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, Corry Area School District Foundation reported income of $179k and spending of $81k, leaving 55% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $107k to $179k (+67%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 199%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Corry Area School District Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within PA. Charities of a similar size with the same main cause include Association of Nysccboa Ltd ($179k), Y & E Inc ($179k) and Peabody Charter School Foundation ($179k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.