Horace Mann Elementary School PTA

Analysis

Horace Mann Elementary School PTA is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1985, 41 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 July 2023, Horace Mann Elementary School PTA reported income of $460k and spending of $360k, leaving 22% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income fell from $612k to $460k (-25%), an average of -6.9% a year. The sharpest change came in the year to July 2022, when income rose by 203%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Horace Mann Elementary School PTA sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 42nd percentile within DC. Charities of a similar size with the same main cause include Philadelphia Society ($459k), Charles J & Margaret Roberts Fund 01-48199 ($460k) and Interfaith Service Coalitiion of Hancock Maryland Inc ($459k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 53% and program service revenue 5.6% of the total. Other salaries and wages came to $280k. At year end it held assets of $526k against liabilities of $1,759, net assets of $525k. It reported 27 employees.