Edison Parent-Teacher Organization

Analysis

Edison Parent-Teacher Organization is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 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, Edison Parent-Teacher Organization reported income of $95k and spending of $116k, spending 122% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $112k to $95k (-15%), an average of -15% a year. The sharpest change came in the year to June 2024, when income dropped by 15%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edison Parent-Teacher Organization sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include William Alanson White Inst of Psych Iatry Psychoanalysis & Psychology ($95k), Research Initiatives for Development Education ($95k) and Creekside High School Band Boosters Association Inc ($95k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 111% and program service revenue 0.5% of the total. At year end it held assets of $220k against liabilities of $0, net assets of $220k.