Charleroi Area School District Education Foundation

Analysis

Charleroi Area School District Education Foundation is a registered charity in United States, based in Charleroi, PA. It received its IRS tax-exemption ruling in September 2011, 15 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, Charleroi Area School District Education Foundation reported income of $139k and spending of $364k, spending 262% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $434k to $139k (-68%), an average of -43% a year. The sharpest change came in the year to June 2022, when income dropped by 74%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charleroi Area School District Education Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include A H S Band Boosters Inc ($139k), Tennessee Elks Charitable TR ($139k) and Friends of the Big Sky Community Library ($139k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $363k against liabilities of $0, net assets of $363k.