Wayland Public Schools Parent Teacher Organization Inc

Analysis

Wayland Public Schools Parent Teacher Organization Inc is a registered charity in United States, based in Wayland, MA. It received its IRS tax-exemption ruling in October 2003, 23 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 August 2023, Wayland Public Schools Parent Teacher Organization Inc reported income of $268k and spending of $259k, spending 97% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $269k to $268k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to August 2022, when income rose by 68%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wayland Public Schools Parent Teacher Organization Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Metro Detroit Barber College ($268k), Delta Eta Boule Foundation ($268k) and Masoc Inc ($268k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $406k against liabilities of $11k, net assets of $395k.