Kerby School Parent Teacher Organization

Analysis

Kerby School Parent Teacher Organization is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kerby School Parent Teacher Organization reported income of $138k and spending of $95k, leaving 31% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $33k to $138k (+313%), an average of +313% a year. The sharpest change came in the year to June 2023, when income rose by 313%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kerby School Parent Teacher Organization sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within MI. Charities of a similar size with the same main cause include Limitless Ambition Inc ($138k), Reel2e ($138k) and Sienna Crossing Elementary PTO ($138k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.