Kennedy Parent Teacher Organization Inc

Analysis

Kennedy Parent Teacher Organization Inc is a registered charity in United States, based in Billerica, MA. It received its IRS tax-exemption ruling in September 1980, 46 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, Kennedy Parent Teacher Organization Inc reported income of $75k and spending of $79k, spending 105% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $60k to $75k (+27%), an average of +27% a year. The sharpest change came in the year to June 2024, when income rose by 27%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kennedy Parent Teacher Organization Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 38th percentile within MA. Charities of a similar size with the same main cause include Nevada Clean Energy Fund ($75k), Preservation New Jersey Incorporated ($75k) and Crossways Ministries ($75k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.