McKeesport Area Education Foundation

Analysis

McKeesport Area Education Foundation is a registered charity in United States, based in McKeesport, PA. It received its IRS tax-exemption ruling in June 2013, 13 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, McKeesport Area Education Foundation reported income of $249k and spending of $109k, leaving 56% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $114k to $249k (+118%), an average of +118% a year. The sharpest change came in the year to June 2023, when income rose by 118%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, McKeesport Area Education Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include St Mary School Endowment Foundation Inc ($249k), Paris Public Library Association ($249k) and Bay Area Youth Emt Program ($249k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $202k against liabilities of $0, net assets of $202k.