Madison Elementary School Parent Teacher Organization

Analysis

Madison Elementary School Parent Teacher Organization is a registered charity in United States, based in Hinsdale, IL. It received its IRS tax-exemption ruling in January 1999, 27 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, Madison Elementary School Parent Teacher Organization reported income of $82k and spending of $148k, spending 180% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $114k to $82k (-28%), an average of -28% a year. The sharpest change came in the year to June 2024, when income dropped by 28%. Over the whole period it spent 128% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Madison Elementary School Parent Teacher Organization sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within IL. Charities of a similar size with the same main cause include Reno Rotary Foundation ($82k), 770 Rabbinical College of Florida Inc ($82k) and Chestatee High School Touchdown Club ($82k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 77% of the total. At year end it held assets of $107k against liabilities of $0, net assets of $107k.