Re Thalberg Elementary School Parent Teacher Organization

Analysis

Re Thalberg Elementary School Parent Teacher Organization is a registered charity in United States, based in Southington, CT. It received its IRS tax-exemption ruling in January 1996, 30 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 December 2023, Re Thalberg Elementary School Parent Teacher Organization reported income of $92k and spending of $75k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $92k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Re Thalberg Elementary School Parent Teacher Organization sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within CT. Charities of a similar size with the same main cause include Archer High School Dugout Club Inc ($92k), Alaska Engineering Education Foundation ($92k) and Cumberland Football Boosters Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.