Polish National Alliance Educational Fund

Analysis

Polish National Alliance Educational Fund is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1995, 31 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, Polish National Alliance Educational Fund reported income of $66k and spending of $143k, spending 214% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $270k to $66k (-75%), an average of -30% a year. The sharpest change came in the year to December 2023, when income rose by 427%. Over the whole period it spent 176% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Polish National Alliance Educational Fund sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within IL. Charities of a similar size with the same main cause include Girl with Grit Program ($66k), Wooster Speech & Debate Parents Inc ($66k) and National Black Mba Association Raleigh Durham Chapter ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.4% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.