Willard Parent Teacher Group

Analysis

Willard Parent Teacher Group is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in March 1974, 52 years ago. 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 2024, Willard Parent Teacher Group reported income of $69k and spending of $67k, spending 97% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $73k to $69k (-5.9%), an average of -5.9% a year. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Willard Parent Teacher Group sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 35th percentile within MA. Charities of a similar size with the same main cause include Kenmore Elementary PTA ($69k), Educational Foundation of America ($69k) and Four Communities Fire Department ($69k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $126k against liabilities of $0, net assets of $126k.