Ocean Shore School Parent Teacher Organization Inc

Analysis

Ocean Shore School Parent Teacher Organization Inc is a registered charity in United States, based in Pacifica, CA. It received its IRS tax-exemption ruling in October 1992, 34 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, Ocean Shore School Parent Teacher Organization Inc reported income of $248k and spending of $308k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $287k to $248k (-13%), an average of -3.5% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ocean Shore School Parent Teacher Organization Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Greater Institute of Financial Professionals ($248k), Gap Year Association ($248k) and Educational Leadership Foundation of New Jersey Inc ($248k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 4.4% of the total. At year end it held assets of $519k against liabilities of $8,802, net assets of $510k.