Rumson Parent Teacher Organization Inc

Analysis

Rumson Parent Teacher Organization Inc is a registered charity in United States, based in Rumson, NJ. It received its IRS tax-exemption ruling in August 2007, 19 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 2023, Rumson Parent Teacher Organization Inc reported income of $58k and spending of $66k, spending 113% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $186k to $58k (-69%), an average of -69% a year. The sharpest change came in the year to June 2023, when income dropped by 69%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rumson Parent Teacher Organization Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 30th percentile within NJ. Charities of a similar size with the same main cause include Titan Band Booster Association Inc ($58k), Northeast Alabama Community Development Corporation ($58k) and Earl E & Elmyra Susie J Euler Wathena High School Scholarship TR ($58k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $177k against liabilities of $0, net assets of $177k.