Valdez Parent Teacher Organization

Analysis

Valdez Parent Teacher Organization is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2022, 4 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, Valdez Parent Teacher Organization reported income of $89k and spending of $71k, leaving 20% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $6,298 to $89k (+1314%), an average of +276% a year. The sharpest change came in the year to June 2022, when income rose by 598%. Over the whole period it spent 121% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Valdez Parent Teacher Organization sits at the 36th 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 30th percentile within CO. Charities of a similar size with the same main cause include Myford Elementary School Parent Teacher Organization ($89k), Los Primeros School of Sciences & Arts Parent Teacher Organization ($89k) and Chelmsford Friends of the Library ($89k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 22% of the total. At year end it held assets of $25k against liabilities of $604, net assets of $25k.