Kenwood Elementary PTA

Analysis

Kenwood Elementary PTA is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 1945, 81 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 June 2024, Kenwood Elementary PTA reported income of $55k and spending of $84k, spending 152% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income fell from $150k to $55k (-63%), an average of -22% a year. The sharpest change came in the year to June 2022, when income dropped by 42%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kenwood Elementary PTA sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within MN. Charities of a similar size with the same main cause include Fbi National Academy Association Inc ($55k), Sprites of East County Inc ($55k) and PTA Oregon Congress ($55k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 38% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.