Sherman Oaks Parents Association

Analysis

Sherman Oaks Parents Association is a registered charity in United States, based in Sherman Oaks, CA. It received its IRS tax-exemption ruling in December 1991, 35 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 2024, Sherman Oaks Parents Association reported income of $703k and spending of $698k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.1m to $703k (-34%), an average of -8.0% a year. The sharpest change came in the year to June 2022, when income rose by 463%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sherman Oaks Parents Association sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Carolina Bible Camp and Retreat ($703k), Friends of LA Jolla Elementary Inc ($703k) and Aded Inc ($703k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 74% of the total. Other salaries and wages came to $308k. At year end it held assets of $695k against liabilities of $2,062, net assets of $693k. It reported 19 employees.