Port Angeles Education Foundation

Analysis

Port Angeles Education Foundation is a registered charity in United States, based in Port Angeles, WA. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 June 2023, Port Angeles Education Foundation reported income of $297k and spending of $404k, spending 136% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $235k to $297k (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2022, when income rose by 435%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Port Angeles Education Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within WA. Charities of a similar size with the same main cause include National Society of the Daughters of the American Revolution ($297k), Paralyzed Veterans of America ($297k) and Bikewalk North Carolina ($297k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% of the total. Other salaries and wages came to $14k. At year end it held assets of $5.1m against liabilities of $287, net assets of $5.1m. It reported 2 employees.