Pennsylvania Restaurant Association Educational Foundation Inc

Analysis

Pennsylvania Restaurant Association Educational Foundation Inc is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in June 1990, 36 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, Pennsylvania Restaurant Association Educational Foundation Inc reported income of $325k and spending of $281k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $198k to $325k (+65%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 150%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pennsylvania Restaurant Association Educational Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include 1000 Dreams Fund ($325k), Blue Ridge Educational Center Inc ($326k) and International Society for Photogrammetry & Remote Sensing ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $1.3m against liabilities of $33k, net assets of $1.2m.