Centennial Education Foundation

Analysis

Centennial Education Foundation is a registered charity in United States, based in Warminster, PA. It received its IRS tax-exemption ruling in September 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, Centennial Education Foundation reported income of $168k and spending of $126k, leaving 25% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $140k to $168k (+20%), an average of +6.2% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Centennial Education Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Lewiston Council on the Arts Inc ($168k), North Cobb Band Boosters Inc ($168k) and Scitech2u Inc ($168k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $28k (22% of expenses). At year end it held assets of $589k against liabilities of $0, net assets of $589k.