Walnut Grove Elementary School Parent Teacher Organization Inc

Analysis

Walnut Grove Elementary School Parent Teacher Organization Inc is a registered charity in United States, based in Southlake, TX. It received its IRS tax-exemption ruling in September 1997, 29 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, Walnut Grove Elementary School Parent Teacher Organization Inc reported income of $134k and spending of $191k, spending 143% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $229k to $134k (-42%), an average of -13% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Walnut Grove Elementary School Parent Teacher Organization Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Evans Scholars Foundation ($134k), National Portfolio Day Association ($134k) and Visions to Opportunity Inc ($134k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.