FS Key Elementary Parent-Teacher Organization

Analysis

FS Key Elementary Parent-Teacher Organization is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1992, 34 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, FS Key Elementary Parent-Teacher Organization reported income of $665k and spending of $616k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $759k to $665k (-12%), an average of -3.3% a year. The sharpest change came in the year to June 2022, when income rose by 238%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, FS Key Elementary Parent-Teacher Organization sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 48th percentile within DC. Charities of a similar size with the same main cause include Holley Family Village Inc ($665k), Iranian Scholarship Fund ($665k) and Brownsburg Band & Orchestra Parents Inc ($665k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Other salaries and wages came to $388k. At year end it held assets of $556k against liabilities of $4,681, net assets of $552k. It reported 34 employees.