Cove School Parent Teacher Organization

Analysis

Cove School Parent Teacher Organization is a registered charity in United States, based in Corte Madera, CA. It received its IRS tax-exemption ruling in May 2015, 11 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 2023, Cove School Parent Teacher Organization reported income of $91k and spending of $94k, spending 104% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $114k to $91k (-20%), an average of -20% a year. The sharpest change came in the year to June 2023, when income dropped by 20%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cove School Parent Teacher Organization sits at the 37th percentile: it is larger than about 37% 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 Sleepy Eye Education Foundation ($91k), Dunwoody High School Parent Teacher Organization ($91k) and Thomasville High School Baseball Dugout Club ($91k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 103% and program service revenue 5.5% of the total. At year end it held assets of $317k against liabilities of $0, net assets of $317k.