Pennsbury Education Foundation

Analysis

Pennsbury Education Foundation is a registered charity in United States, based in Fallsington, PA. It received its IRS tax-exemption ruling in September 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pennsbury Education Foundation reported income of $95k and spending of $52k, leaving 46% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $77k to $95k (+24%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 60% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pennsbury Education Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within PA. Charities of a similar size with the same main cause include Rise & Shine Charitable Foundation ($95k), Bees for Development North America ($96k) and RP One Foundation ($95k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $342k against liabilities of $0, net assets of $342k.