Central Pennsylvania July 4th Inc

Analysis

Central Pennsylvania July 4th Inc is a registered charity in United States, based in State College, PA. It received its IRS tax-exemption ruling in June 2002, 24 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 September 2023, Central Pennsylvania July 4th Inc reported income of $236k and spending of $326k, spending 138% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $382k to $236k (-38%), an average of -11% a year. The sharpest change came in the year to September 2022, when income rose by 225%. Over the whole period it spent 131% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Pennsylvania July 4th Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include All Star Equestrian Foundation Inc ($236k), Tau Mu Sigma Phi USA Foundation Inc ($236k) and Imagine America Foundation ($236k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 43% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $39k (12% of expenses). At year end it held assets of $292k against liabilities of $43k, net assets of $249k.