Penn-Trafford Scholarship Foundation

Analysis

Penn-Trafford Scholarship Foundation is a registered charity in United States, based in Export, PA. It received its IRS tax-exemption ruling in March 2007, 19 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, Penn-Trafford Scholarship Foundation reported income of $190k and spending of $29k, leaving 85% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $247k to $190k (-23%), an average of -12% a year. The sharpest change came in the year to December 2023, when income rose by 1029%. Over the whole period it spent 17% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Penn-Trafford Scholarship Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Folds of Honor Foundation ($190k), Ann Bethany Bertling and Tristan Gonzalez Foundation ($190k) and Njsia Educational Foundation Inc ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $489k against liabilities of $0, net assets of $489k.