Lafayette Parent-Teacher Association 6 15 185

Analysis

Lafayette Parent-Teacher Association 6 15 185 is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in May 1994, 32 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 2023, Lafayette Parent-Teacher Association 6 15 185 reported income of $163k and spending of $103k, leaving 37% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income fell from $363k to $163k (-55%), an average of -24% a year. The sharpest change came in the year to June 2023, when income rose by 96%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lafayette Parent-Teacher Association 6 15 185 sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within WA. Charities of a similar size with the same main cause include Springfield Local Band Boosters ($163k), Friends of Tj2 Robotics Inc ($163k) and Foundation for Petaluma Public Waldorf ($163k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $252k against liabilities of $0, net assets of $252k.