Tipton Elementary Service Organization
Analysis
Tipton Elementary Service Organization is a registered charity in United States, based in Tipton, IN. It received its IRS tax-exemption ruling in January 1994, 32 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 July 2024, Tipton Elementary Service Organization reported income of $52k and spending of $51k, spending 97% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $57k to $52k (-8.2%), an average of -8.2% a year. Over the whole period it spent 85% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tipton Elementary Service Organization sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within IN. Charities of a similar size with the same main cause include Creative Arts League of Sacramento ($52k), PTA Issaquah Challenger 2 6 6 ($52k) and Road Runners Club of America ($52k).
On its Form 990-EZ for the period ending July 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Creative Arts League of Sacramento | Sacramento | $52k |
| PTA Issaquah Challenger 2 6 6 | Tacoma | $52k |
| Road Runners Club of America | San Francisco | $52k |
| Northeast Oklahoma Veterans Freedom Tours Inc | Locust Grove | $52k |