Cherry Tree Elementary Parent Teacher Organization Inc
Analysis
Cherry Tree Elementary Parent Teacher Organization Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in June 1991, 35 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 2024, Cherry Tree Elementary Parent Teacher Organization Inc reported income of $103k and spending of $95k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $95k to $103k (+8.7%), an average of +8.7% a year. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Cherry Tree Elementary Parent Teacher Organization Inc 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 35th percentile within IN. Charities of a similar size with the same main cause include Inspired by Science ($103k), Levites Academy Foundation ($103k) and Boulder Institute of Microfinance ($103k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 9.9% and program service revenue 15% of the total. At year end it held assets of $132k against liabilities of $0, net assets of $132k.
Income and spending
Where the income comes from
- Contributions & grants 9.9%
- Program services 15%
- Other 75%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Inspired by Science | Carlsbad | $103k |
| Levites Academy Foundation | Germantown | $103k |
| Boulder Institute of Microfinance | Syracuse | $103k |
| Gilead Community Development Corporation Inc | Williamsburg | $103k |