Midway Elementary School Parent Teacher Organization

Analysis

Midway Elementary School Parent Teacher Organization is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in August 2014, 12 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, Midway Elementary School Parent Teacher Organization reported income of $68k and spending of $110k, spending 162% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $102k to $68k (-33%), an average of -34% a year. The sharpest change came in the year to June 2024, when income dropped by 33%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Midway Elementary School Parent Teacher Organization 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 27th percentile, and in the 33rd percentile within SC. Charities of a similar size with the same main cause include Stockbridge Area Educational Foundation ($67k), Fort Atkinson High School Alumni Association Foundation ($68k) and Parent Booster USA Inc ($67k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.6% of the total. At year end it held assets of $195k against liabilities of $0, net assets of $195k.