Pennsylvania Assistive Technology Foundation

Analysis

Pennsylvania Assistive Technology Foundation is a registered charity in United States, based in King of Prussia, PA. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Pennsylvania Assistive Technology Foundation reported income of $1.6m and spending of $1.9m, spending 116% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.6m to $1.6m (+0.3%), an average of +0.1% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pennsylvania Assistive Technology Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Urban Impact Inc ($1.6m), Friends of Northwest Brooklyn Inc ($1.6m) and Onespartanburg Inc Foundation ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $341k (18% of expenses). Other salaries and wages came to $870k. At year end it held assets of $3.7m against liabilities of $276k, net assets of $3.4m. It reported 17 employees.