Sumac Elementary School Parent Faculty Association

Analysis

Sumac Elementary School Parent Faculty Association is a registered charity in United States, based in Agoura Hills, CA. It received its IRS tax-exemption ruling in March 1996, 30 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 2023, Sumac Elementary School Parent Faculty Association reported income of $95k and spending of $82k, spending 86% of its income. Across the 4 years on record, from July 2020 to July 2023, income fell from $101k to $95k (-5.6%), an average of -1.9% a year. The sharpest change came in the year to July 2023, when income dropped by 38%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sumac Elementary School Parent Faculty Association sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Michael Cronhelm and Taft Conlin Foundation ($95k), Love Grows Program Inc ($95k) and Aromas Home and School Club ($95k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $298k against liabilities of $1, net assets of $298k.