1926 Foundation

Analysis

1926 Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 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 December 2023, 1926 Foundation reported income of $87k and spending of $82k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $102k to $87k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2021, when income rose by 159%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 1926 Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within PA. Charities of a similar size with the same main cause include Center for Anglican Theology Liturgy and Spiritual Formation in ($87k), Magnolia Elementary PTA 6 15 2 ($87k) and Chicagoland Electrical Association Education Foundation Inc ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. It paid $600 in professional fundraising fees. At year end it held assets of $216k against liabilities of $7, net assets of $216k.