Foundation for Erie Public Schools

Analysis

Foundation for Erie Public Schools is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in February 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 August 2023, Foundation for Erie Public Schools reported income of $115k and spending of $94k, spending 82% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $110k to $115k (+4.5%), an average of +4.5% a year. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Erie Public Schools sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include Brookline High School PTO ($115k), Cypress Creek Cougar Athletic Booster Club Inc ($115k) and Communication Institute for Online Scholarship Inc ($115k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $282k against liabilities of $139, net assets of $282k.