Bancroft Elementary School Parent Teacher Organization of Washington

Analysis

Bancroft Elementary School Parent Teacher Organization of Washington is a registered charity in United States, based in Washington, DC. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bancroft Elementary School Parent Teacher Organization of Washington reported income of $86k and spending of $75k, spending 87% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $92k to $86k (-6.4%), an average of -6.4% a year. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bancroft Elementary School Parent Teacher Organization of Washington 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 33rd percentile, and in the 17th percentile within DC. Charities of a similar size with the same main cause include College of Westchester Charitable Foundation Inc ($86k), Upper Makefield Business Association ($86k) and Lawrence County High School Football Booster Club ($86k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 19% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.