Riverside Elementary School Parent Teacher Organization Inc

Analysis

Riverside Elementary School Parent Teacher Organization Inc is a registered charity in United States, based in Coral Springs, FL. It received its IRS tax-exemption ruling in July 1989, 37 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 June 2023, Riverside Elementary School Parent Teacher Organization Inc reported income of $63k and spending of $52k, spending 82% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $49k to $63k (+30%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Riverside Elementary School Parent Teacher Organization Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include The Music Machine Inc ($63k), Friends of the Rockwall County Public Library ($63k) and Bandon Historical Society ($63k).

At year end it held assets of $40k against liabilities of $0, net assets of $40k.