Verdi Elementary School Parent Faculty Assn

Analysis

Verdi Elementary School Parent Faculty Assn is a registered charity in United States, based in Verdi, NV. It received its IRS tax-exemption ruling in February 2000, 26 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 July 2023, Verdi Elementary School Parent Faculty Assn reported income of $59k and spending of $25k, leaving 58% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $37k to $59k (+63%), an average of +63% a year. The sharpest change came in the year to July 2023, when income rose by 63%. Over the whole period it spent 38% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Verdi Elementary School Parent Faculty Assn sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 26th percentile within NV. Charities of a similar size with the same main cause include Indiana Congress of Parents and Teachers Inc ($59k), Oldham County High School Band Boosters Inc ($59k) and RVFD Inc ($59k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.