McKinley Elementary Parent Teacher Organization

Analysis

McKinley Elementary Parent Teacher Organization is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in May 2020, 6 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 2024, McKinley Elementary Parent Teacher Organization reported income of $51k and spending of $59k, spending 115% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $71k to $51k (-27%), an average of -27% a year. The sharpest change came in the year to June 2024, when income dropped by 27%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, McKinley Elementary Parent Teacher Organization sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within OK. Charities of a similar size with the same main cause include Friends of the Copper Queen Library ($51k), Speak Life Academy of Arts and Music Inc ($51k) and Hanover High School Choral Boosters ($51k).

At year end it held assets of $29k against liabilities of $0, net assets of $29k.