Payne Elementary School Parents Teachers Students Association

Analysis

Payne Elementary School Parents Teachers Students Association is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2016, 10 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 2023, Payne Elementary School Parents Teachers Students Association reported income of $144k and spending of $114k, leaving 20% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $116k to $144k (+23%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Payne Elementary School Parents Teachers Students Association sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 24th percentile within DC. Charities of a similar size with the same main cause include One2one ($144k), CVHS Pep Boosters ($144k) and Maumee City Schools Foundation ($144k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 68% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.