Hanover Parent Teacher Alliance Inc

Analysis

Hanover Parent Teacher Alliance Inc is a registered charity in United States, based in Hanover, MA. It received its IRS tax-exemption ruling in March 2005, 21 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 2024, Hanover Parent Teacher Alliance Inc reported income of $121k and spending of $60k, leaving 50% of income unspent that year. Across the 5 years on record, from June 2019 to June 2024, income fell from $132k to $121k (-8.7%), an average of -2.2% a year. The sharpest change came in the year to June 2024, when income rose by 396%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hanover Parent Teacher Alliance Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include American Gelbvieh Foundation ($121k), Parent Booster USA Inc ($121k) and Student Financial Aid Association ($121k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.8% and program service revenue 22% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.