Fairhope Parent-Teacher Corporation

Analysis

Fairhope Parent-Teacher Corporation is a registered charity in United States, based in Fairhope, AL. It received its IRS tax-exemption ruling in October 1992, 34 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, Fairhope Parent-Teacher Corporation reported income of $73k and spending of $56k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $51k to $73k (+43%), an average of +43% a year. The sharpest change came in the year to June 2024, when income rose by 43%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fairhope Parent-Teacher Corporation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within AL. Charities of a similar size with the same main cause include Bittersweet Elementary PTO Inc ($73k), PS 126 Manhatten Academy of Technology Parents Association ($73k) and Parent Booster USA Inc ($73k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 17% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.