Carmel High School Parent Teacher Organization Inc

Analysis

Carmel High School Parent Teacher Organization Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in November 1967, 59 years ago. 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, Carmel High School Parent Teacher Organization Inc reported income of $62k and spending of $82k, spending 132% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $113k to $62k (-45%), an average of -45% a year. The sharpest change came in the year to June 2024, when income dropped by 45%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carmel High School Parent Teacher Organization Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within IN. Charities of a similar size with the same main cause include Reynoldsville Public Library ($62k), 93rd Bombardment Group Association ($62k) and Parent Booster USA Inc ($62k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.7% and program service revenue 35% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.