John H Castle Elementary School Parent-Teacher Organization Inc

Analysis

John H Castle Elementary School Parent-Teacher Organization Inc is a registered charity in United States, based in Newburgh, IN. It received its IRS tax-exemption ruling in March 1979, 47 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 May 2024, John H Castle Elementary School Parent-Teacher Organization Inc reported income of $73k and spending of $65k, spending 90% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $47k to $73k (+56%), an average of +56% a year. The sharpest change came in the year to May 2024, when income rose by 56%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, John H Castle Elementary School Parent-Teacher Organization Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within IN. Charities of a similar size with the same main cause include Rhode Island Society of Technology Educators ($73k), Apple Valley High School Volleyball Booster Club ($73k) and Huntsville and Madison County Builders Foundation Inc ($73k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 39% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.