Norwood Public School Parent Teacher Organization Inc

Analysis

Norwood Public School Parent Teacher Organization Inc is a registered charity in United States, based in Norwood, NJ. It received its IRS tax-exemption ruling in October 2023, 3 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 June 2024, Norwood Public School Parent Teacher Organization Inc reported income of $619k and spending of $607k, spending 98% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $77k to $619k (+701%), an average of +100% a year. The sharpest change came in the year to June 2022, when income rose by 616%. 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, Norwood Public School Parent Teacher Organization Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Nova Workforce Institute of Northeast Louisiana Inc ($619k), Flourish Adoption Ministries Inc ($619k) and Miami Jewish Montessori Inc ($619k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.6% of the total. At year end it held assets of $188k against liabilities of $2,193, net assets of $186k.