Penns Valley Education Foundation

Analysis

Penns Valley Education Foundation is a registered charity in United States, based in Spring Mills, PA. It received its IRS tax-exemption ruling in July 2015, 11 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, Penns Valley Education Foundation reported income of $112k and spending of $30k, leaving 73% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $63k to $112k (+78%), an average of +78% a year. The sharpest change came in the year to June 2023, when income rose by 78%. Over the whole period it spent 35% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Penns Valley Education Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include Bentonville FC Prodigy Inc ($112k), Minnesota Association for the Education of Young Children ($112k) and Ingram State Technical College Foundation ($112k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $366k against liabilities of $0, net assets of $366k.