Peachtown Elementary School

Analysis

Peachtown Elementary School is a registered charity in United States, based in Aurora, NY. It received its IRS tax-exemption ruling in February 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Peachtown Elementary School reported income of $263k and spending of $227k, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $211k to $263k (+25%), an average of +7.7% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peachtown Elementary School sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Literacy Chippewa Valley ($263k), Foundation in Support of Educational Excellence Inc ($263k) and Yeshivas Hagram Soloveitchik Inc ($263k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $134k (59% of expenses). Other salaries and wages came to $11k. At year end it held assets of $134k against liabilities of $50k, net assets of $84k. It reported 6 employees.