Palmer Elementary Parent Teacher Organization

Analysis

Palmer Elementary Parent Teacher Organization is a registered charity in United States, based in Missouri City, TX. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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, Palmer Elementary Parent Teacher Organization reported income of $54k and spending of $30k, leaving 44% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $51k to $54k (+7.5%), an average of +7.5% a year. Over the whole period it spent 45% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Palmer Elementary Parent Teacher Organization sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Cbc-Cancer Bay Cliff Community Charities ($54k), PTA North Carolina Congress ($54k) and The Rees Carillon Society ($54k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.8% of the total. At year end it held assets of $145k against liabilities of $0, net assets of $145k.