George P Way Elementary School Parent Teacher Organization Inc

Analysis

George P Way Elementary School Parent Teacher Organization Inc is a registered charity in United States, based in Bloomfld TWP, MI. It received its IRS tax-exemption ruling in October 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 July 2023, George P Way Elementary School Parent Teacher Organization Inc reported income of $66k and spending of $53k, leaving 20% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $43k to $66k (+54%), an average of +54% a year. The sharpest change came in the year to July 2023, when income rose by 54%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, George P Way Elementary School Parent Teacher Organization Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within MI. Charities of a similar size with the same main cause include Parent Booster USA Inc ($66k), Lingleville Isd Parent Teacher Organization ($66k) and Friends of Realms ($66k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.