Pennsylvania Training Assurance Fund

Analysis

Pennsylvania Training Assurance Fund is a registered charity in United States, based in Uniontown, PA. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Pennsylvania Training Assurance Fund reported income of $149k and spending of $41k, leaving 73% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $183k to $149k (-18%), an average of -4.9% a year. The sharpest change came in the year to June 2021, when income rose by 129%. Over the whole period it spent 26% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pennsylvania Training Assurance Fund sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within PA. Charities of a similar size with the same main cause include Junior League of Amarillo ($149k), Redlands Visitor Center ($150k) and Cincinnati Computer Reuse ($149k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 7.4% of the total. At year end it held assets of $2.9m against liabilities of $37k, net assets of $2.8m.