Laurelhurst Parent-Teacher Assoc

Analysis

Laurelhurst Parent-Teacher Assoc is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Laurelhurst Parent-Teacher Assoc reported income of $308k and spending of $265k, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $243k to $308k (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2024, when income rose by 30%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Laurelhurst Parent-Teacher Assoc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within WA. Charities of a similar size with the same main cause include First Richland-Morrow Housing Inc III ($308k), Society of the Cincinnati in the State of Georgia ($308k) and Del Norte Senior Housing Incorporated ($308k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $485k against liabilities of $0, net assets of $485k.