Troy Area School District Foundation

Analysis

Troy Area School District Foundation is a registered charity in United States, based in Troy, PA. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Troy Area School District Foundation reported income of $283k and spending of $101k, leaving 65% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $178k to $283k (+59%), an average of +9.8% a year. The sharpest change came in the year to June 2021, when income rose by 79%. Over the whole period it spent 51% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Troy Area School District Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Michigan Association of Community and Adult Education ($283k), Orange County Ny Arts Council Inc ($284k) and Public Education Partnership of Winter Haven Inc ($283k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 12% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.