Loring Parent Teacher Organization

Analysis

Loring Parent Teacher Organization is a registered charity in United States, based in Sudbury, MA. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Loring Parent Teacher Organization reported income of $83k and spending of $54k, leaving 35% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $60k to $83k (+40%), an average of +40% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Loring Parent Teacher Organization sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include Clapham Group Inc ($83k), Consortium on Workplace-Based Education and Learning ($83k) and Arkansas Teachers of English to Speakers of Other Languages ($83k).

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 $139k against liabilities of $0, net assets of $139k.