Myford Elementary School Parent Teacher Organization

Analysis

Myford Elementary School Parent Teacher Organization is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in November 2001, 25 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, Myford Elementary School Parent Teacher Organization reported income of $89k and spending of $114k, spending 128% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $85k to $89k (+4.6%), an average of +1.1% a year. The sharpest change came in the year to June 2022, when income rose by 143%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Myford Elementary School 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 36th percentile within CA. Charities of a similar size with the same main cause include Chelmsford Friends of the Library ($89k), Valdez Parent Teacher Organization ($89k) and Monroe Area Soccer Association ($89k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 37% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.