Wilmeth Elementary School Parent Teacher Organization

Analysis

Wilmeth Elementary School Parent Teacher Organization is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in June 2006, 20 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, Wilmeth Elementary School Parent Teacher Organization reported income of $63k and spending of $54k, spending 86% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $68k to $63k (-8.4%), an average of -8.4% a year. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wilmeth Elementary School Parent Teacher Organization sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include Learning Mission ($63k), Hispanic Chamber Education Foundation ($63k) and Steve Glidden Foundation ($63k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.