Katonah Elementary School Parent Teacher Organization

Analysis

Katonah Elementary School Parent Teacher Organization is a registered charity in United States, based in Katonah, NY. It received its IRS tax-exemption ruling in February 2004, 22 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 August 2023, Katonah Elementary School Parent Teacher Organization reported income of $111k and spending of $74k, leaving 34% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $76k to $111k (+45%), an average of +13% a year. The sharpest change came in the year to August 2022, when income rose by 140%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Katonah Elementary School Parent Teacher Organization sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Bridgepointe Inc ($111k), Student Connection ($111k) and Team 66 Education Foundation ($111k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 22% and program service revenue 73% of the total. At year end it held assets of $150k against liabilities of $0, net assets of $150k.