Lockwood Elementary Parent-Teacher Association

Analysis

Lockwood Elementary Parent-Teacher Association is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in May 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 2024, Lockwood Elementary Parent-Teacher Association reported income of $90k and spending of $82k, spending 91% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $92k to $90k (-2.9%), an average of -2.9% a year. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lockwood Elementary Parent-Teacher Association sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 29th percentile within WA. Charities of a similar size with the same main cause include Performing Arts Council of Edmond Inc ($90k), College Grove Elementary School PTO ($90k) and Oscoda Education Opportunity Foundation ($90k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.