Grayhawk Elementary School Parent Teacher Organization Inc

Analysis

Grayhawk Elementary School Parent Teacher Organization Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Grayhawk Elementary School Parent Teacher Organization Inc reported income of $113k and spending of $83k, leaving 26% of income unspent that year. Across the 3 years on record, from May 2022 to May 2024, income fell from $217k to $113k (-48%), an average of -28% a year. The sharpest change came in the year to May 2024, when income dropped by 37%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grayhawk Elementary School Parent Teacher Organization Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within AZ. Charities of a similar size with the same main cause include Bloomingdale Band Boosters ($113k), Spartan Athletic Club ($113k) and Caribbean Hotel Foundation Inc ($113k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 24% and program service revenue 75% of the total. At year end it held assets of $168k against liabilities of $0, net assets of $168k.