Gibbs-Ottoson Parent Teacher Organization

Analysis

Gibbs-Ottoson Parent Teacher Organization is a registered charity in United States, based in Arlington, MA. It received its IRS tax-exemption ruling in April 2001, 25 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, Gibbs-Ottoson Parent Teacher Organization reported income of $104k and spending of $96k, spending 91% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $30k to $104k (+245%), an average of +86% a year. The sharpest change came in the year to June 2022, when income rose by 113%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gibbs-Ottoson Parent Teacher Organization sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Porter Memorial Library Association ($104k), Friends of the Library Virginia Beach Inc ($104k) and Power of Zero Foundation ($104k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.