Bangor Area School District Educational Foundation Inc

Analysis

Bangor Area School District Educational Foundation Inc is a registered charity in United States, based in Bangor, PA. It received its IRS tax-exemption ruling in February 1999, 27 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 December 2023, Bangor Area School District Educational Foundation Inc reported income of $84k and spending of $69k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $152k to $84k (-45%), an average of -14% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bangor Area School District Educational Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include Tanglewood Camp and Learning Center ($84k), Sweet Onion Christian Learning Center LLC ($84k) and Camp Ridgecrest Alumni & Friends Inc ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% of the total. Compensation of current officers, directors and key employees was $9,469 (14% of expenses). At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.