Tega Cay Elementary School Parent-Teacher Organization

Analysis

Tega Cay Elementary School Parent-Teacher Organization is a registered charity in United States, based in Tega Cay, SC. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Tega Cay Elementary School Parent-Teacher Organization reported income of $180k and spending of $187k, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $199k to $180k (-9.7%), an average of -2.5% a year. The sharpest change came in the year to June 2021, when income dropped by 38%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tega Cay Elementary School Parent-Teacher Organization sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 57th percentile within SC. Charities of a similar size with the same main cause include Colorado Athletic Directors Association ($180k), Bloom Carroll Athletic Boosters ($180k) and Skokie Community Foundation ($180k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.