Island Park PTA

Analysis

Island Park PTA is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in April 1978, 48 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 2023, Island Park PTA reported income of $83k and spending of $98k, spending 118% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $327k to $83k (-75%), an average of -37% a year. The sharpest change came in the year to June 2022, when income dropped by 59%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Island Park PTA sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 27th percentile within WA. Charities of a similar size with the same main cause include Housing Foundation of Southeastern North Carolina ($83k), Lymphoma Foundation of America ($83k) and Clarksville Montgomery County Crisis Intervention Inc ($83k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 16% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.