Mercury Mine Elementary School Parent Teacher Group Inc
Analysis
Mercury Mine Elementary School Parent Teacher Group Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 1986, 40 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, Mercury Mine Elementary School Parent Teacher Group Inc reported income of $95k and spending of $112k, spending 118% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $64k to $95k (+48%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 111% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercury Mine Elementary School Parent Teacher Group Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within AZ. Charities of a similar size with the same main cause include Parent Booster USA Inc ($95k), The Library Foundation Inc ($95k) and PTA California Congress of Parents Teachers & Students Inc ($95k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 3.5% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.
Income and spending
Where the income comes from
- Contributions & grants 92%
- Program services 3.5%
- Other 5.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Parent Booster USA Inc | Decatur | $95k |
| The Library Foundation Inc | Bradenton | $95k |
| PTA California Congress of Parents Teachers & Students Inc | Elk Grove | $95k |
| Little League Baseball Inc | Cunningham | $95k |