Friends of Quaker Valley Schools

Analysis

Friends of Quaker Valley Schools is a registered charity in United States, based in Sewickley, PA. It received its IRS tax-exemption ruling in March 1978, 48 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, Friends of Quaker Valley Schools reported income of $84k and spending of $94k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $122k to $84k (-31%), an average of -9.0% a year. The sharpest change came in the year to June 2020, when income rose by 89%. 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, Friends of Quaker Valley Schools sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include Friends of the Lakewood Ranch Library Inc ($84k), Team 94 ($84k) and Michigan Horticulture Education Foundation Inc ($84k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $1.8m against liabilities of $106k, net assets of $1.7m.