Johnstown Educational Foundation

Analysis

Johnstown Educational Foundation is a registered charity in United States, based in Johnstown, PA. It received its IRS tax-exemption ruling in October 1986, 40 years ago. 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, Johnstown Educational Foundation reported income of $1.4m and spending of $166k, leaving 88% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $358k to $1.4m (+301%), an average of +42% a year. The sharpest change came in the year to June 2023, when income rose by 280%. Over the whole period it spent 28% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Johnstown Educational Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Florida Hospital Association Research and Education Foundation ($1.4m), Funeral Service Foundation Inc ($1.4m) and Law Enforcement Training Advisory Commission ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $7.7m against liabilities of $0, net assets of $7.7m.