Douglas Elementary Parent Teacher Organization Inc

Analysis

Douglas Elementary Parent Teacher Organization Inc is a registered charity in United States, based in Saugatuck, MI. It received its IRS tax-exemption ruling in June 2022, 4 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 June 2024, Douglas Elementary Parent Teacher Organization Inc reported income of $71k and spending of $87k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to June 2024, income fell from $151k to $71k (-53%), an average of -53% a year. The sharpest change came in the year to June 2024, when income dropped by 53%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Douglas Elementary Parent Teacher Organization Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within MI. Charities of a similar size with the same main cause include Helix High School Foundation ($71k), Twin Cities Vipassana Collective ($71k) and Huaxia East Brunswick Chinese School a NJ Nonprofit Corporation ($71k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 109% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.