Poe Elementary School Parent Teacher Organization Inc

Analysis

Poe Elementary School Parent Teacher Organization Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 1968, 58 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 2023, Poe Elementary School Parent Teacher Organization Inc reported income of $251k and spending of $251k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $179k to $251k (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2022, when income rose by 132%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Poe Elementary School Parent Teacher Organization Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Honor Flight South Florida Inc ($251k), Lillian Smith Senior Center ($251k) and Diabetes Association of Atlanta Inc ($251k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $409k against liabilities of $367k, net assets of $42k.