PTO of the Chathams Inc

Analysis

PTO of the Chathams Inc is a registered charity in United States, based in Chatham, NJ. It received its IRS tax-exemption ruling in January 2008, 18 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, PTO of the Chathams Inc reported income of $775k and spending of $860k, spending 111% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $857k to $775k (-9.5%), an average of -2.0% a year. The sharpest change came in the year to June 2022, when income rose by 104%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, PTO of the Chathams Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Multisensory Reading Centers of PR Inc ($775k), Up with Books Inc ($776k) and Amdpa Foundation Inc ($775k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 44% and program service revenue 54% of the total. At year end it held assets of $555k against liabilities of $2,500, net assets of $553k.