Southeastern Pennsylvania Consortium for Higher Education

Analysis

Southeastern Pennsylvania Consortium for Higher Education is a registered charity in United States, based in Elkins Park, PA. It received its IRS tax-exemption ruling in March 1998, 28 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, Southeastern Pennsylvania Consortium for Higher Education reported income of $90k and spending of $68k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $247k to $90k (-63%), an average of -22% a year. The sharpest change came in the year to June 2022, when income dropped by 45%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southeastern Pennsylvania Consortium for Higher Education sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within PA. Charities of a similar size with the same main cause include Deputy Bill Brewer 2055 Foundation ($90k), Heatherwood Parent Teacher Organization ($90k) and Franklin Music Boosters Inc ($90k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $481k against liabilities of $0, net assets of $481k.