Blanchard Memorial Parents Teachers and Friends

Analysis

Blanchard Memorial Parents Teachers and Friends is a registered charity in United States, based in Boxborough, MA. It received its IRS tax-exemption ruling in February 2022, 4 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 July 2023, Blanchard Memorial Parents Teachers and Friends reported income of $89k and spending of $21k, leaving 77% of income unspent that year. Across the 3 years on record, from July 2018 to July 2023, income grew from $66k to $89k (+34%), an average of +16% a year. The sharpest change came in the year to July 2023, when income rose by 19%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blanchard Memorial Parents Teachers and Friends 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 34th percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include We Connect the Dots Inc ($89k), Friends of the Newton Free Library ($89k) and Biltmore Preparatory Academy PTO ($89k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $131k against liabilities of $0, net assets of $131k.