Fair Oaks Ranch Elementary P T O

Analysis

Fair Oaks Ranch Elementary P T O is a registered charity in United States, based in Fair Oaks, TX. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Fair Oaks Ranch Elementary P T O reported income of $147k and spending of $98k, leaving 33% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $198k to $147k (-26%), an average of -26% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fair Oaks Ranch Elementary P T O sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Pavilion Society Charitable Foundation Inc ($147k), The Iowa Association for College Admission Counseling ($147k) and Payette Forward Thrift Shop ($147k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 1.5% of the total. At year end it held assets of $244k against liabilities of $0, net assets of $244k.