Sherrills Ford Elementary School Parent Teacher Organization

Analysis

Sherrills Ford Elementary School Parent Teacher Organization is a registered charity in United States, based in Sherrills FRD, NC. It received its IRS tax-exemption ruling in April 2023, 3 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, Sherrills Ford Elementary School Parent Teacher Organization reported income of $172k and spending of $136k, leaving 21% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $142k to $172k (+21%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sherrills Ford Elementary School Parent Teacher Organization sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Terrier Band Boosters Inc ($172k), PTA New Jersey Congress of Parents & Teachers ($172k) and International Association of Master Penmen-Engrossers-Teachers of ($172k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $164k against liabilities of $0, net assets of $164k.