Watchung Borough Parent-Teacher Organization

Analysis

Watchung Borough Parent-Teacher Organization is a registered charity in United States, based in Watchung, NJ. It received its IRS tax-exemption ruling in August 2000, 26 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, Watchung Borough Parent-Teacher Organization reported income of $258k and spending of $259k, spending 100% of its income. Across the 5 years on record, from August 2020 to June 2024, income grew from $145k to $258k (+78%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 416%. 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, Watchung Borough Parent-Teacher Organization sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include Global Business Success Foundation ($258k), Manhattan Ace Inc ($258k) and Legacy Education Inc ($258k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.