Pennsbury Scholarship Foundation

Analysis

Pennsbury Scholarship Foundation is a registered charity in United States, based in Fallsington, PA. It received its IRS tax-exemption ruling in January 1959, 67 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, Pennsbury Scholarship Foundation reported income of $289k and spending of $116k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $111k to $289k (+160%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pennsbury Scholarship Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Dublin Community Pre School Inc ($289k), Teach Indy Inc ($289k) and West Woodland PTA ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $4.4m against liabilities of $0, net assets of $4.4m.