Heritage Elementary School Parent Teacher Organization

Analysis

Heritage Elementary School Parent Teacher Organization is a registered charity in United States, based in Chula Vista, CA. It received its IRS tax-exemption ruling in February 2003, 23 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, Heritage Elementary School Parent Teacher Organization reported income of $54k and spending of $59k, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $45k to $54k (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2022, when income rose by 429%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heritage Elementary School Parent Teacher Organization sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Go Forward Education Foundation Inc ($54k), Literary Guild of St Simons Island Inc ($54k) and East Allen County Schools Educational Foundation Inc ($54k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.