Richland Elementary Parent Teachers Organization Inc

Analysis

Richland Elementary Parent Teachers Organization Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in July 2014, 12 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 June 2024, Richland Elementary Parent Teachers Organization Inc reported income of $113k and spending of $126k, spending 111% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $100k to $113k (+13%), an average of +13% a year. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Richland Elementary Parent Teachers Organization Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within TN. Charities of a similar size with the same main cause include New Caney Isd Education Foundation Inc ($113k), Community Friends of Ics Foundation Inc ($113k) and Investnest Inc ($113k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 55% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.