Methacton Education Foundation

Analysis

Methacton Education Foundation is a registered charity in United States, based in Eagleville, PA. It received its IRS tax-exemption ruling in September 2010, 16 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, Methacton Education Foundation reported income of $388k and spending of $373k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $278k to $388k (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Methacton Education Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Safe Schools South Florida Inc ($388k), Steele Family Foundation ($388k) and Carver Baptist Bible Institute College & Theological Seminary ($388k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $75k (20% of expenses). At year end it held assets of $656k against liabilities of $0, net assets of $656k. It reported 1 employees.