Township of Colts Neck P T O Inc

Analysis

Township of Colts Neck P T O Inc is a registered charity in United States, based in Colts Neck, NJ. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Township of Colts Neck P T O Inc reported income of $120k and spending of $57k, leaving 53% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $77k to $120k (+56%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 84%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Township of Colts Neck P T O Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 49th percentile within NJ. Charities of a similar size with the same main cause include University of Sydney USA Foundation ($120k), Fergus Eagle Booster Club ($120k) and Millenium Tribeca High School Parents Association ($120k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.4% of the total. At year end it held assets of $148k against liabilities of $0, net assets of $148k.