Horace Mann School Parent Teacher Organization of Oak Park

Analysis

Horace Mann School Parent Teacher Organization of Oak Park is a registered charity in United States, based in Oak Park, IL. It received its IRS tax-exemption ruling in January 1992, 34 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 July 2023, Horace Mann School Parent Teacher Organization of Oak Park reported income of $291k and spending of $325k, spending 112% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income grew from $125k to $291k (+134%), an average of +134% a year. The sharpest change came in the year to July 2023, when income rose by 134%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Horace Mann School Parent Teacher Organization of Oak Park sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Ntra Charities Inc ($291k), Neuro-Acupuncture Institute Inc ($291k) and Charleston Electrical Contractors Association Inc ($291k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 35% and program service revenue 78% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.