Legacy Elementary Parent Teacher Organization

Analysis

Legacy Elementary Parent Teacher Organization is a registered charity in United States, based in Brambleton, VA. It received its IRS tax-exemption ruling in May 2008, 18 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 2024, Legacy Elementary Parent Teacher Organization reported income of $119k and spending of $122k, spending 102% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $90k to $119k (+33%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Legacy Elementary Parent Teacher Organization sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within VA. Charities of a similar size with the same main cause include Educational Foundation of Mission Cisd ($119k), Oviedo High School Athletic Booster Club Inc ($119k) and Powered by Education ($119k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 5.6% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.