Cascade K-8 Ptsa

Analysis

Cascade K-8 Ptsa is a registered charity in United States, based in Shoreline, WA. It received its IRS tax-exemption ruling in March 1981, 45 years ago. 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, Cascade K-8 Ptsa reported income of $127k and spending of $101k, leaving 20% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $57k to $127k (+122%), an average of +49% a year. The sharpest change came in the year to June 2023, when income rose by 58%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cascade K-8 Ptsa sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within WA. Charities of a similar size with the same main cause include Altama Museum of Art & History ($127k), The Waysmeet Center ($127k) and Serendipity Therapeutic Riding Center LLC ($127k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 62% of the total. At year end it held assets of $154k against liabilities of $0, net assets of $154k.