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Torey J Sabatini Public Elementary School Parent Teacher Organization

RegisteredEIN 22-2446036Madison, NJEducation and training
Income$74k2024-06
Spending$81ksame year
Spent / received86%2-year average
Size in its cause32nd pctEducation and training
Exempt since2003Publicly supported organisat
Employees–latest return

Analysis

Torey J Sabatini Public Elementary School Parent Teacher Organization is a registered charity in United States, based in Madison, NJ. It received its IRS tax-exemption ruling in February 2003, 23 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, Torey J Sabatini Public Elementary School Parent Teacher Organization reported income of $74k and spending of $81k, spending 109% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $74k to $74k (+0.3%), an average of +0.3% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Torey J Sabatini Public Elementary School Parent Teacher Organization sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 36th percentile within NJ. Charities of a similar size with the same main cause include Miss Nevada Scholarship Foundation Inc ($74k), 506 Foundation Inc ($74k) and Austin County Go Texan Inc ($74k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 31% of the total. At year end it held assets of $182k against liabilities of $0, net assets of $182k.

Income and spending

$0$20k$40k$61k$81k2023 Income: $74,2952023 Spending: $47,69620232024 Income: $74,4892024 Spending: $80,8582024
IncomeSpending

Where the income comes from

  • Contributions & grants 13%
  • Program services 31%
  • Other 56%

Similar-sized charities, same cause

CharityLocationIncome
Miss Nevada Scholarship Foundation IncSparks$74k
506 Foundation IncAltamont$74k
Austin County Go Texan IncBellville$74k
Lamont Memorial Free LibraryMcGraw$75k