Pa Education Association
Analysis
Pa Education Association is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Pa Education Association reported income of $14.5m and spending of $14.6m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.3m to $14.5m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 91% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Pa Education Association sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 91st percentile within DC. Charities of a similar size with the same main cause include Icatholic Media Inc ($14.5m), New Song Ministries Inc ($14.5m) and Back 2 Back Ministries Inc ($14.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $381k (2.6% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $22.2m against liabilities of $3.2m, net assets of $19.0m. It reported 48 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.1%
- Program services 96%
- Other 4.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Icatholic Media Inc | Watertown | $14.5m |
| New Song Ministries Inc | Ball Ground | $14.5m |
| Back 2 Back Ministries Inc | Mason | $14.3m |
| Barry & Florence Friedberg Jewish Community Center | Oceanside | $14.6m |