Foundation for Boyertown Education

Analysis

Foundation for Boyertown Education is a registered charity in United States, based in Boyertown, PA. It received its IRS tax-exemption ruling in August 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 December 2023, Foundation for Boyertown Education reported income of $218k and spending of $224k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $218k (+2.3%), an average of +0.6% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Boyertown Education sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include HBHS Baseball Booster Club Inc ($218k), Denver East Forensic Team Foundation ($218k) and Benjamin Academy ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $53k (24% of expenses). At year end it held assets of $546k against liabilities of $0, net assets of $546k.