Discovery Elementary School Parent Teacher Organization

Analysis

Discovery Elementary School Parent Teacher Organization is a registered charity in United States, based in San Marcos, CA. It received its IRS tax-exemption ruling in November 1997, 29 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, Discovery Elementary School Parent Teacher Organization reported income of $236k and spending of $202k, spending 86% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $208k to $236k (+14%), an average of +14% a year. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Discovery Elementary School Parent Teacher Organization sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Friends of Silver Gate ($236k), Lowther Building Fund Inc ($236k) and Krewe of the Knights of Sant Yago Education Foundation Inc ($236k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. At year end it held assets of $219k against liabilities of $0, net assets of $219k.