Wealthy Elementary School Parent Teacher Organization

Analysis

Wealthy Elementary School Parent Teacher Organization is a registered charity in United States, based in E Grand Rapid, MI. It received its IRS tax-exemption ruling in February 2024, 2 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 2024, Wealthy Elementary School Parent Teacher Organization reported income of $73k and spending of $53k, leaving 27% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $70k to $73k (+4.8%), an average of +4.8% a year. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wealthy Elementary School Parent Teacher Organization sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within MI. Charities of a similar size with the same main cause include Piqua Parents As Teachers ($73k), Midamerica Teachers of English to Speakers of Other Languages Inc ($73k) and Evergreen High School Educationfoundation ($73k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.