Martin Luther King Jr Elementary School Parent Teacher Organization
Analysis
Martin Luther King Jr Elementary School Parent Teacher Organization is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in August 2000, 26 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, Martin Luther King Jr Elementary School Parent Teacher Organization reported income of $108k and spending of $110k, spending 102% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $88k to $108k (+23%), an average of +23% a year. The sharpest change came in the year to July 2024, when income rose by 23%. Over the whole period it spent 89% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Martin Luther King Jr Elementary School Parent Teacher Organization sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within MI. Charities of a similar size with the same main cause include Bandera Isd Education Foundationinc ($108k), Kirkwood School District Parent Teacher Organizational Council ($108k) and Wilcox Dads Grads and Moms Booster Club Inc ($108k).
On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 30% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.
Income and spending
Where the income comes from
- Contributions & grants 30%
- Other 70%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bandera Isd Education Foundationinc | Bandera | $108k |
| Kirkwood School District Parent Teacher Organizational Council | Saint Louis | $108k |
| Wilcox Dads Grads and Moms Booster Club Inc | Santa Clara | $108k |
| Ghes Building Company | Starbuck | $108k |