Medfield K-8 Parent Teacher Organization Inc

Analysis

Medfield K-8 Parent Teacher Organization Inc is a registered charity in United States, based in Medfield, MA. It received its IRS tax-exemption ruling in April 1999, 27 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 2023, Medfield K-8 Parent Teacher Organization Inc reported income of $123k and spending of $69k, leaving 44% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $88k to $123k (+41%), an average of +40% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Medfield K-8 Parent Teacher Organization Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Palmetto Homeschool Association ($123k), Keenes Crossing Elementary PTO ($123k) and Stone Bridge Booster Club ($123k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $240k against liabilities of $0, net assets of $240k.