Glen Arden Parent Teacher Organization

Analysis

Glen Arden Parent Teacher Organization is a registered charity in United States, based in Arden, NC. It received its IRS tax-exemption ruling in March 2013, 13 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 June 2023, Glen Arden Parent Teacher Organization reported income of $71k and spending of $53k, leaving 25% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $35k to $71k (+101%), an average of +101% a year. The sharpest change came in the year to June 2023, when income rose by 101%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Glen Arden Parent Teacher Organization sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NC. Charities of a similar size with the same main cause include Chincoteague Island Library Inc ($71k), Friends of the San Rafael Public Library ($71k) and Kirkwood School District Parent Teacher Organizational Council ($71k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 144% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.