Mills Park Elementary PTA

Analysis

Mills Park Elementary PTA is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in May 1985, 41 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, Mills Park Elementary PTA reported income of $72k and spending of $78k, spending 109% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $86k to $72k (-17%), an average of -17% a year. The sharpest change came in the year to June 2024, when income dropped by 17%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mills Park Elementary PTA sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NC. Charities of a similar size with the same main cause include Friends of the Upland Public Library ($72k), Vision of Hope Inc ($72k) and Oriole Park Baseball Associaiton ($72k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 4.4% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.