Parent Faculty Club of Walnut Acres Elementary School

Analysis

Parent Faculty Club of Walnut Acres Elementary School is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in May 1977, 49 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, Parent Faculty Club of Walnut Acres Elementary School reported income of $399k and spending of $463k, spending 116% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $446k to $399k (-10%), an average of -2.2% a year. The sharpest change came in the year to June 2022, when income rose by 92%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parent Faculty Club of Walnut Acres Elementary School sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Positive Direction Youth Center Inc ($399k), Parent Booster USA Inc ($399k) and Police Unity Tour of Florida Incorporated ($399k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 38% of the total. At year end it held assets of $620k against liabilities of $0, net assets of $620k.