Covington Elementary P T a

Analysis

Covington Elementary P T a is a registered charity in United States, based in Covington, WA. It received its IRS tax-exemption ruling in November 2004, 22 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, Covington Elementary P T a reported income of $63k and spending of $63k, spending 101% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $12k to $63k (+423%), an average of +74% a year. The sharpest change came in the year to June 2022, when income rose by 193%. 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, Covington Elementary P T a sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 19th percentile within WA. Charities of a similar size with the same main cause include Colorado Council of Teachers of Mathemathics ($63k), Lakeview Booster Club ($63k) and Klein Support Groups Inc ($63k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 85% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.