Friends of Chester a Arthur School Education Foundation

Analysis

Friends of Chester a Arthur School Education Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 2024, 2 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 2024, Friends of Chester a Arthur School Education Foundation reported income of $121k and spending of $123k, spending 101% of its income. Across the 4 years on record, from June 2021 to June 2024, income fell from $147k to $121k (-17%), an average of -6.2% a year. The sharpest change came in the year to June 2023, when income dropped by 20%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Chester a Arthur School Education Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include First Marine Division Associationscholarship Fund Inc ($121k), Whispering Oak Elementary PTO ($121k) and Hanan Foundation Inc ($121k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 29% of the total. At year end it held assets of $113k against liabilities of $0, net assets of $113k.

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.