Olympic View Elementary School Parent Teacher Association

Analysis

Olympic View Elementary School Parent Teacher Association is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 1993, 33 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, Olympic View Elementary School Parent Teacher Association reported income of $267k and spending of $144k, leaving 46% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $104k to $267k (+157%), an average of +157% a year. The sharpest change came in the year to June 2023, when income rose by 157%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Olympic View Elementary School Parent Teacher Association 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 60th percentile, and in the 57th percentile within WA. Charities of a similar size with the same main cause include Camp Attitude-Oregon Inc ($267k), Hurricane High School Red Hot Show Choir ($267k) and Solid Rock Christian Academy of Morton ($267k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 26% of the total. At year end it held assets of $318k against liabilities of $0, net assets of $318k.