Claysburg Education Foundation

Analysis

Claysburg Education Foundation is a registered charity in United States, based in East Freedom, PA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Claysburg Education Foundation reported income of $169k and spending of $172k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $279k to $169k (-39%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 130%. Over the whole period it spent 70% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Claysburg Education Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within PA. Charities of a similar size with the same main cause include Other 98 Percent Lab ($169k), Abilene Wylie H S Project Graduation Inc ($169k) and Sourashtra Dhaan Organization ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 0.5% of the total. At year end it held assets of $326k against liabilities of $0, net assets of $326k.