Trace Elementary Home and School Club

Analysis

Trace Elementary Home and School Club is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in August 2000, 26 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 July 2024, Trace Elementary Home and School Club reported income of $110k and spending of $151k, spending 137% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income grew from $107k to $110k (+2.4%), an average of +2.4% a year. Over the whole period it spent 151% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trace Elementary Home and School Club 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 39th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Walt Fiegel Foundation ($110k), Collegewood School Community Club ($110k) and Manhattan Library Foundation Inc ($110k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 59% and program service revenue 43% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.