Pennsylvania Cable & Telecommunications Foundation

Analysis

Pennsylvania Cable & Telecommunications Foundation is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pennsylvania Cable & Telecommunications Foundation reported income of $80k and spending of $99k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $84k to $80k (-5.3%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income rose by 470%. Over the whole period it spent 160% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pennsylvania Cable & Telecommunications Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within PA. Charities of a similar size with the same main cause include Charles R Niehaus Trust Fbo American Lung Association of Ohio ($80k), Friends of Charitable Giving NFP ($80k) and Thalheimer Family-Jdc Support Foundation Inc ($80k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 87% of the total. At year end it held assets of $528k against liabilities of $35k, net assets of $493k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.