Pennsylvania Chamber of Business & Industry Educational Foundation

Analysis

Pennsylvania Chamber of Business & Industry Educational Foundation is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pennsylvania Chamber of Business & Industry Educational Foundation reported income of $243k and spending of $155k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $313k to $243k (-22%), an average of -6.2% a year. The sharpest change came in the year to December 2021, when income rose by 640%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pennsylvania Chamber of Business & Industry Educational Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include Friends of the Missouri Governors Mansion ($243k), Ennis Community Childrens School ($243k) and Friends of the Leon County Public Library Inc ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 1.7% of the total. At year end it held assets of $1.1m against liabilities of $28k, net assets of $1.0m.