Wyalusing Area Education Foundation

Analysis

Wyalusing Area Education Foundation is a registered charity in United States, based in Wyalusing, PA. It received its IRS tax-exemption ruling in October 2003, 23 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, Wyalusing Area Education Foundation reported income of $187k and spending of $130k, leaving 31% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income fell from $299k to $187k (-37%), an average of -21% a year. The sharpest change came in the year to June 2022, when income dropped by 42%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wyalusing Area Education Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Upward Hope Academy Inc ($187k), Texarkana Wilbur Smith Rotary Club Foundation ($187k) and Penn State Alumni Association ($187k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $313k against liabilities of $0, net assets of $313k.