Pennwriters Inc

Analysis

Pennwriters Inc is a registered charity in United States, based in Hummelstown, PA. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Pennwriters Inc reported income of $93k and spending of $87k, spending 93% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $79k to $93k (+18%), an average of +18% a year. The sharpest change came in the year to May 2023, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pennwriters Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within PA. Charities of a similar size with the same main cause include Society of Animal Artists Inc ($93k), Texas Lakes Trail ($93k) and Vaud- Villities Productions ($93k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 7.8% and program service revenue 70% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.