Bancroft School Parent-Teachers Organization

Analysis

Bancroft School Parent-Teachers Organization is a registered charity in United States, based in Andover, MA. It received its IRS tax-exemption ruling in March 2004, 22 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, Bancroft School Parent-Teachers Organization reported income of $156k and spending of $183k, spending 118% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $129k to $156k (+21%), an average of +21% a year. The sharpest change came in the year to August 2023, when income rose by 21%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bancroft School Parent-Teachers Organization sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Lizzy Day Care NFP ($156k), Rhinoplasty Society Inc ($156k) and Organic Architecture & Design Archives ($156k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 1.5% and program service revenue 59% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.