Ocean Palms Elementary School Parent-Teacher Organization Inc

Analysis

Ocean Palms Elementary School Parent-Teacher Organization Inc is a registered charity in United States, based in Ponte Vedra, FL. It received its IRS tax-exemption ruling in October 1996, 30 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 July 2024, Ocean Palms Elementary School Parent-Teacher Organization Inc reported income of $196k and spending of $133k, leaving 32% of income unspent that year. Across the 5 years on record, from July 2020 to July 2024, income grew from $115k to $196k (+71%), an average of +14% a year. The sharpest change came in the year to July 2022, when income rose by 86%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ocean Palms Elementary School Parent-Teacher Organization Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Walnut Valley Educational Foundation Inc ($196k), Connecticut Teacher of the Year Council Inc ($196k) and National Press Photographers Foundation Inc ($196k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 15% of the total. At year end it held assets of $172k against liabilities of $0, net assets of $172k.