Islander Middle School Ptsa Mercer Island Council Z 9 37

Analysis

Islander Middle School Ptsa Mercer Island Council Z 9 37 is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in November 1982, 44 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, Islander Middle School Ptsa Mercer Island Council Z 9 37 reported income of $85k and spending of $135k, spending 158% of what it took in. Across the 2 years on record, from June 2019 to June 2023, income fell from $210k to $85k (-59%), an average of -60% a year. The sharpest change came in the year to June 2023, when income dropped by 59%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Islander Middle School Ptsa Mercer Island Council Z 9 37 sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 28th percentile within WA. Charities of a similar size with the same main cause include Montgomery Athletic Booster Club ($85k), New York State Reading Association Inc ($85k) and Washington Metropolitan Association of Chinese Schools Inc ($85k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 28% of the total. At year end it held assets of $273k against liabilities of $695, net assets of $273k.