Valley Forge Elementary School Parent-Teacher Organization

Analysis

Valley Forge Elementary School Parent-Teacher Organization is a registered charity in United States, based in Wayne, PA. It received its IRS tax-exemption ruling in January 1996, 30 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, Valley Forge Elementary School Parent-Teacher Organization reported income of $165k and spending of $140k, spending 85% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $140k to $165k (+18%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Valley Forge Elementary School Parent-Teacher Organization sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Dr Karen M Trujillo Memorial Foundation ($165k), Black Doctoral Network Inc ($165k) and Northeast Christian High School ($165k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.3% and program service revenue 42% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.