Henry a Wallace Elementary Parent- Teacher Organization Inc

Analysis

Henry a Wallace Elementary Parent- Teacher Organization Inc is a registered charity in United States, based in Johnston, IA. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Henry a Wallace Elementary Parent- Teacher Organization Inc reported income of $51k and spending of $37k, leaving 28% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $31k to $51k (+65%), an average of +65% a year. The sharpest change came in the year to June 2024, when income rose by 65%. Over the whole period it spent 126% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Henry a Wallace Elementary Parent- Teacher Organization Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within IA. Charities of a similar size with the same main cause include Consequence Magazine Inc ($51k), Tomball Elementary Parent Teacher Organization ($51k) and Copper Hill Parent-Teacher Organization Inc ($51k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 12% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.