Carlynton Education Foundation Corporation

Analysis

Carlynton Education Foundation Corporation is a registered charity in United States, based in Carnegie, PA. It received its IRS tax-exemption ruling in April 2016, 10 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, Carlynton Education Foundation Corporation reported income of $73k and spending of $33k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $73k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carlynton Education Foundation Corporation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within PA. Charities of a similar size with the same main cause include Scholarship Fund of Worcester District Medical Society ($73k), Boise Public Library Foundation Inc ($73k) and Greenbriar Parent Teacher Organization ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.