Kaneland North Parent Teacher Network

Analysis

Kaneland North Parent Teacher Network is a registered charity in United States, based in Elburn, IL. It received its IRS tax-exemption ruling in November 2024, 2 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 2024, Kaneland North Parent Teacher Network reported income of $55k and spending of $55k, spending 100% of its income. Across the 3 years on record, from July 2021 to July 2024, income grew from $3,009 to $55k (+1733%), an average of +328% a year. The sharpest change came in the year to July 2022, when income rose by 977%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kaneland North Parent Teacher Network 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 22nd percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include Four Rivers Scholarship Fund Inc ($55k), Holtville Education Foundation Inc ($55k) and PTA Texas Congress ($55k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 6.7% and program service revenue 56% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.