Union Elementary School Parent-Teacher Organization Inc

Analysis

Union Elementary School Parent-Teacher Organization Inc is a registered charity in United States, based in Shallotte, NC. It received its IRS tax-exemption ruling in March 2019, 7 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 June 2023, Union Elementary School Parent-Teacher Organization Inc reported income of $69k and spending of $62k, spending 90% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $46k to $69k (+49%), an average of +49% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Union Elementary School Parent-Teacher Organization Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within NC. Charities of a similar size with the same main cause include Mattituck Cutchogue Athletic Booster Club Inc ($69k), Hindi Vikas Mandal ($69k) and York Suburban Education Foundation ($69k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 2.4% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.