Marblehead Veterans Middle School Parents Council Inc

Analysis

Marblehead Veterans Middle School Parents Council Inc is a registered charity in United States, based in Marblehead, MA. It received its IRS tax-exemption ruling in May 2014, 12 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, Marblehead Veterans Middle School Parents Council Inc reported income of $53k and spending of $63k, spending 119% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $41k to $53k (+29%), an average of +14% a year. The sharpest change came in the year to June 2024, when income rose by 33%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marblehead Veterans Middle School Parents Council Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 29th percentile within MA. Charities of a similar size with the same main cause include East & Alternative Elementary Schools Parent Teacher Organizatio ($53k), Btoba Scholarship Fund Inc ($53k) and St Paul Schools Alumni & Friends Association ($53k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.