Community College of Allegheny County-Education Foundation

Analysis

Community College of Allegheny County-Education Foundation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in October 1980, 46 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 2024, Community College of Allegheny County-Education Foundation reported income of $5.4m and spending of $3.4m, leaving 37% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $15.8m to $5.4m (-66%), an average of -24% a year. The sharpest change came in the year to June 2022, when income rose by 164%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community College of Allegheny County-Education Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include South Carolina First Steps to School Readiness Board of Trustees ($5.4m), Friends & Foundation of the San Francisco Public Library ($5.4m) and Ohio Achievement Charter Schools ($5.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% of the total. Other salaries and wages came to $227k. At year end it held assets of $42.9m against liabilities of $1.9m, net assets of $41.0m.