Waverly-Belmont Parent-Teacher Organization

Analysis

Waverly-Belmont Parent-Teacher Organization is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in August 2014, 12 years ago. 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, Waverly-Belmont Parent-Teacher Organization reported income of $97k and spending of $144k, spending 149% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $103k to $97k (-6.0%), an average of -6.0% a year. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Waverly-Belmont Parent-Teacher Organization sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within TN. Charities of a similar size with the same main cause include PTA Texas Congress ($97k), Sightless Children Club ($97k) and Community Impact ($97k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 10% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.