Promotional Products Education Foundation

Analysis

Promotional Products Education Foundation is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in September 1980, 46 years ago. 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, Promotional Products Education Foundation reported income of $144k and spending of $393k, spending 272% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $504k to $144k (-71%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Promotional Products Education Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Shenanarts Inc ($144k), Silverman Family Foundation ($144k) and Milton Volunteer Fire Department Inc ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $2.1m against liabilities of $3,532, net assets of $2.1m.