Carolina Springs Elementary Parent Teacher Organization

Analysis

Carolina Springs Elementary Parent Teacher Organization is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in May 2023, 3 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, Carolina Springs Elementary Parent Teacher Organization reported income of $79k and spending of $91k, spending 116% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $98k to $79k (-20%), an average of -7.1% a year. The sharpest change came in the year to June 2023, when income rose by 109%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carolina Springs Elementary Parent Teacher Organization sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 37th percentile within SC. Charities of a similar size with the same main cause include Goshen Athletic Boosters Association ($79k), Eagle Pride Boosters Club Inc ($79k) and Stoughton Sports Boosters Inc ($79k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $3,301 against liabilities of $0, net assets of $3,301.