Durham Intermediate School Parent- Teacher Organization

Analysis

Durham Intermediate School Parent- Teacher Organization is a registered charity in United States, based in Southlake, TX. It received its IRS tax-exemption ruling in November 2001, 25 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, Durham Intermediate School Parent- Teacher Organization reported income of $123k and spending of $152k, spending 123% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $92k to $123k (+35%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Durham Intermediate School Parent- Teacher Organization sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Home Builders Care of Fargo Moorehead Foundation Inc ($123k), Warrick Literacy and Educational Connections ($123k) and Cassia County Education Foundation Inc ($123k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.2% and program service revenue 23% of the total. At year end it held assets of $68k against liabilities of $71, net assets of $68k.