Fairmount Park Elementary PTA

Analysis

Fairmount Park Elementary PTA is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 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 2023, Fairmount Park Elementary PTA reported income of $126k and spending of $117k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $218k to $126k (-42%), an average of -13% a year. The sharpest change came in the year to June 2022, when income dropped by 32%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fairmount Park Elementary PTA sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within WA. Charities of a similar size with the same main cause include Concord Music Association ($126k), Greater East Hampton Education Foundation Inc ($126k) and Ready to Read ($126k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 12% of the total. At year end it held assets of $248k against liabilities of $0, net assets of $248k.