Millburn High School Parent Teacher Organization Inc

Analysis

Millburn High School Parent Teacher Organization Inc is a registered charity in United States, based in Millburn, NJ. It received its IRS tax-exemption ruling in March 1998, 28 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, Millburn High School Parent Teacher Organization Inc reported income of $172k and spending of $201k, spending 117% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $106k to $172k (+63%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 58%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Millburn High School Parent Teacher Organization Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 58th percentile within NJ. Charities of a similar size with the same main cause include Usit Foundation ($172k), Montgomery Center for Research in Child & Adolescent Development Inc ($172k) and Education Fund of Northern Nevada ($172k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 3.6% and program service revenue 79% of the total. At year end it held assets of $199k against liabilities of $17k, net assets of $183k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.