The Childrens Scholarship Fund of Pennsylvania

Analysis

The Childrens Scholarship Fund of Pennsylvania is a registered charity in United States, based in Clarion, PA. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, The Childrens Scholarship Fund of Pennsylvania reported income of $1.2m and spending of $1.2m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1000k to $1.2m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Childrens Scholarship Fund of Pennsylvania sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Cor Deo School ($1.2m), Alliance for Green Heat ($1.2m) and Childrens Academy on the Halifrax Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.8% of the total. Other salaries and wages came to $66k. At year end it held assets of $1.5m against liabilities of $1.1m, net assets of $363k. It reported 1 employees.