Serene Hills Elementary School Parent Teacher Organization

Analysis

Serene Hills Elementary School Parent Teacher Organization is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in December 2009, 17 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 July 2023, Serene Hills Elementary School Parent Teacher Organization reported income of $129k and spending of $121k, spending 94% of its income. Across the 3 years on record, from July 2019 to July 2023, income fell from $204k to $129k (-37%), an average of -21% a year. The sharpest change came in the year to July 2020, when income dropped by 25%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Serene Hills Elementary School Parent Teacher Organization sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Edward Hynes Charter School PTO Inc ($129k), Childrens Educational Center Campanella ($129k) and Fife High School Booster Club ($129k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.