Kutztown Area School District Education Foundation Inc

Analysis

Kutztown Area School District Education Foundation Inc is a registered charity in United States, based in Kutztown, PA. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kutztown Area School District Education Foundation Inc reported income of $192k and spending of $125k, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $287k to $192k (-33%), an average of -9.5% a year. The sharpest change came in the year to June 2022, when income rose by 67%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kutztown Area School District Education Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Frisco High School Band Booster Association Inc ($192k), Awareness Courage & Love Global Project ($192k) and The Dutch School Silicon Valley ($192k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.