Paper Technology Foundation Inc

Analysis

Paper Technology Foundation Inc is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in December 1961, 65 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Paper Technology Foundation Inc reported income of $1.1m and spending of $800k, leaving 30% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.3m to $1.1m (-9.2%), an average of -1.9% a year. The sharpest change came in the year to June 2021, when income rose by 161%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Paper Technology Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include Path to College Foundation Inc ($1.1m), Accelerated Schools of Overlandpark Inc ($1.1m) and International Federation of Clinical Neurophysiology Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 77% of the total. Other salaries and wages came to $211k. At year end it held assets of $6.4m against liabilities of $4,958, net assets of $6.4m.