Palmetto Homeschool Association
Analysis
Palmetto Homeschool Association is a registered charity in United States, based in Rock Hill, SC. It received its IRS tax-exemption ruling in August 2000, 26 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 2024, Palmetto Homeschool Association reported income of $123k and spending of $106k, spending 86% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $118k to $123k (+4.3%), an average of +4.3% a year. Over the whole period it spent 84% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Palmetto Homeschool Association sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within SC. Charities of a similar size with the same main cause include Stone Bridge Booster Club ($123k), Medfield K-8 Parent Teacher Organization Inc ($123k) and Warrick Literacy and Educational Connections ($123k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 34% of the total. At year end it held assets of $156k against liabilities of $0, net assets of $156k.
Income and spending
Where the income comes from
- Contributions & grants 0.1%
- Program services 34%
- Other 66%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Stone Bridge Booster Club | Ashburn | $123k |
| Medfield K-8 Parent Teacher Organization Inc | Medfield | $123k |
| Warrick Literacy and Educational Connections | Newburgh | $123k |
| Keenes Crossing Elementary PTO | Windermere | $123k |