Paloma School Parent Teacher Organization

Analysis

Paloma School Parent Teacher Organization is a registered charity in United States, based in San Marcos, CA. It received its IRS tax-exemption ruling in February 1992, 34 years ago. 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, Paloma School Parent Teacher Organization reported income of $199k and spending of $216k, spending 108% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $92k to $199k (+117%), an average of +48% a year. The sharpest change came in the year to June 2023, when income rose by 123%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Paloma School Parent Teacher Organization sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Ballet Folklorico Mexicano de Carlos Moreno ($199k), International Society for Environmentally Acquired Illness ($199k) and Atrium Apartments Inc ($199k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 3.0% and program service revenue 97% of the total. At year end it held assets of $147k against liabilities of $0, net assets of $147k.