Benjamin Franklin School Parent-Teacher Organization Inc

Analysis

Benjamin Franklin School Parent-Teacher Organization Inc is a registered charity in United States, based in Westfield, NJ. It received its IRS tax-exemption ruling in January 2004, 22 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 August 2023, Benjamin Franklin School Parent-Teacher Organization Inc reported income of $114k and spending of $70k, leaving 39% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $87k to $114k (+32%), an average of +7.1% a year. The sharpest change came in the year to August 2022, when income rose by 138%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Benjamin Franklin School Parent-Teacher Organization Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 48th percentile within NJ. Charities of a similar size with the same main cause include Norwood Masonic Temple Foundation Incorporated ($114k), Pearl Foundation Inc ($114k) and Mayville Library ($114k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 9.7% of the total. At year end it held assets of $133k against liabilities of $3,360, net assets of $129k.