Newman School Parent Teacher Council Trust

Analysis

Newman School Parent Teacher Council Trust is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, Newman School Parent Teacher Council Trust reported income of $83k and spending of $61k, leaving 27% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $58k to $83k (+44%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 48%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Newman School Parent Teacher Council Trust sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include Oxnard Police Activities League Inc ($83k), One Heart Health ($83k) and Brainerd Rotary Foundation ($83k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 35% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.