Cherry Crest Parent Teacher Association

Analysis

Cherry Crest Parent Teacher Association is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in November 2015, 11 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, Cherry Crest Parent Teacher Association reported income of $167k and spending of $92k, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $252k to $167k (-33%), an average of -9.7% a year. The sharpest change came in the year to June 2021, when income dropped by 44%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cherry Crest Parent Teacher Association sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 46th percentile within WA. Charities of a similar size with the same main cause include Murray State College Foundation Inc ($167k), Fusion Cheer and Dance Boosters ($167k) and Selah Academy Inc ($167k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 6.1% of the total. At year end it held assets of $217k against liabilities of $0, net assets of $217k.