Elizabeth City-Pasquotank Public School Foundation Inc

Analysis

Elizabeth City-Pasquotank Public School Foundation Inc is a registered charity in United States, based in Elizabeth Cty, NC. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2021, Elizabeth City-Pasquotank Public School Foundation Inc reported income of $76k and spending of $29k, leaving 61% of income unspent that year. Across the 2 years on record, from August 2020 to August 2021, income fell from $91k to $76k (-17%), an average of -17% a year. The sharpest change came in the year to August 2021, when income dropped by 17%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elizabeth City-Pasquotank Public School Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Crozet Elementary PTO Inc ($76k), Sheldon Independent School District Education Foundation ($76k) and Bennett Valley Education Foundation ($76k).

On its Form 990 for the period ending August 2021, revenue came from contributions and grants 91% and program service revenue 0.0% of the total. At year end it held assets of $205k against liabilities of $0, net assets of $205k.