Davey Elementary Parent Teacher Organization

Analysis

Davey Elementary Parent Teacher Organization is a registered charity in United States, based in Kent, OH. It received its IRS tax-exemption ruling in April 1978, 48 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Davey Elementary Parent Teacher Organization reported income of $121k and spending of $19k, leaving 84% of income unspent that year. Across the 2 years on record, from August 2023 to August 2024, income grew from $23k to $121k (+419%), an average of +419% a year. The sharpest change came in the year to August 2024, when income rose by 419%. Over the whole period it spent 26% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Davey Elementary Parent Teacher Organization sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Steilacoom Historical Museum Assn Inc ($121k), Flagler Palm Coast Kiwanis Foundation Inc ($121k) and Friends of the Temecula Library ($121k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 75% and program service revenue 10% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.