Montgomery Elementary Home and School Association

Analysis

Montgomery Elementary Home and School Association is a registered charity in United States, based in North Wales, PA. It received its IRS tax-exemption ruling in July 1989, 37 years ago. 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, Montgomery Elementary Home and School Association reported income of $73k and spending of $77k, spending 106% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $53k to $73k (+38%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montgomery Elementary Home and School Association sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within PA. Charities of a similar size with the same main cause include PTA Oregon Congress ($73k), After School Dance Fund Inc ($73k) and Farmington Valley Symphony Orchestra Inc ($73k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.0% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.