Bay Laurel Elementary School Parent Faculty Association

Analysis

Bay Laurel Elementary School Parent Faculty Association is a registered charity in United States, based in Calabasas, CA. It received its IRS tax-exemption ruling in October 1994, 32 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 July 2023, Bay Laurel Elementary School Parent Faculty Association reported income of $588k and spending of $468k, leaving 20% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $527k to $588k (+12%), an average of +2.8% a year. The sharpest change came in the year to July 2022, when income rose by 170%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bay Laurel Elementary School Parent Faculty Association sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Philadelphia Regional Arts Consortium Inc ($588k), Rotary Plaza Inc Cheng Acctcy Corp ($588k) and Simeanna III Inc ($588k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 50% and program service revenue 43% of the total. At year end it held assets of $1.0m against liabilities of $12k, net assets of $1.0m.