Supportive Parents of Really Talented Students

Analysis

Supportive Parents of Really Talented Students is a registered charity in United States, based in Macomb, MI. It received its IRS tax-exemption ruling in September 2009, 17 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 December 2023, Supportive Parents of Really Talented Students reported income of $1.1m and spending of $1.0m, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $271k to $1.1m (+297%), an average of +58% a year. The sharpest change came in the year to December 2022, when income rose by 177%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Supportive Parents of Really Talented Students sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Creative Identity ($1.1m), Academy for Five Element Acupuncture Inc ($1.1m) and Gale Force Education ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $76k. At year end it held assets of $337k against liabilities of $0, net assets of $337k.