Holmes School Parent Teacher Organization

Analysis

Holmes School Parent Teacher Organization is a registered charity in United States, based in Oak Park, IL. It received its IRS tax-exemption ruling in October 1945, 81 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, Holmes School Parent Teacher Organization reported income of $150k and spending of $109k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $115k to $150k (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2023, when income rose by 529%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Holmes School Parent Teacher Organization sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within IL. Charities of a similar size with the same main cause include Scott Kirschenman Family Foundation Inc ($150k), Friends of the Guilford Free Library Inc ($150k) and Willcox Quarterback Club LLC ($150k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 48% of the total. At year end it held assets of $121k against liabilities of $0, net assets of $121k.