Friends of the Schoolhouse Inc

Analysis

Friends of the Schoolhouse Inc is a registered charity in United States, based in Barnstable, MA. It received its IRS tax-exemption ruling in December 1984, 42 years ago. 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 December 2023, Friends of the Schoolhouse Inc reported income of $96k and spending of $110k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $96k (+90%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Schoolhouse Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include PTA Florida Congress ($96k), Kimberling Area Senior Center ($96k) and PTA California Congress of Parents Teachers & Students Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 44% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.