Shippensburg Area School District Foundation

Analysis

Shippensburg Area School District Foundation is a registered charity in United States, based in Shippensburg, PA. It received its IRS tax-exemption ruling in September 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 December 2023, Shippensburg Area School District Foundation reported income of $157k and spending of $175k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $158k to $157k (-0.4%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shippensburg Area School District Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include Literacy Volunteers on the Green ($157k), California Retired Teachers Assoc- Laura E Settle Scholarship Foundat ($157k) and Tradart Foundation ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. Compensation of current officers, directors and key employees was $55k (32% of expenses). At year end it held assets of $964k against liabilities of $3,252, net assets of $960k. It reported 1 employees.