Fallbrook School Parent Teacher Organization Incorporated

Analysis

Fallbrook School Parent Teacher Organization Incorporated is a registered charity in United States, based in Leominster, MA. It received its IRS tax-exemption ruling in January 2023, 3 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, Fallbrook School Parent Teacher Organization Incorporated reported income of $55k and spending of $52k, spending 95% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $68k to $55k (-19%), an average of -9.9% a year. The sharpest change came in the year to June 2023, when income dropped by 24%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fallbrook School Parent Teacher Organization Incorporated sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include Friends of the Morgan Hill Library ($55k), Chamblee Middle School Education Foundation ($55k) and Lilly-Washington Public Library Association ($55k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 70% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.