The Newburyport Parent Teacher Organization

Analysis

The Newburyport Parent Teacher Organization is a registered charity in United States, based in Newburyport, MA. It received its IRS tax-exemption ruling in July 2021, 5 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, The Newburyport Parent Teacher Organization reported income of $96k and spending of $69k, leaving 28% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $71k to $96k (+35%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Newburyport Parent Teacher Organization sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include Schenkel E-Z Go Invitational Inc ($96k), Friends of the Troy Public Library ($96k) and Huskie Booster Club of Oak Park & River Forest High School ($96k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 114% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.