Downingtown Community Education Foundation

Analysis

Downingtown Community Education Foundation is a registered charity in United States, based in Downingtown, PA. It received its IRS tax-exemption ruling in September 2008, 18 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 2023, Downingtown Community Education Foundation reported income of $507k and spending of $538k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $395k to $507k (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Downingtown Community Education Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Plattekill Library ($507k), Independent Electrical Contractors-Dakotas Inc Education ($507k) and Living Eagle Organization ($507k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $86k (16% of expenses). At year end it held assets of $727k against liabilities of $32k, net assets of $695k. It reported 2 employees.