Chisago Lakes Parent Teacher Org

Analysis

Chisago Lakes Parent Teacher Org is a registered charity in United States, based in Chisago City, MN. It received its IRS tax-exemption ruling in August 2003, 23 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 2023, Chisago Lakes Parent Teacher Org reported income of $54k and spending of $72k, spending 133% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $86k to $54k (-37%), an average of -37% a year. The sharpest change came in the year to June 2023, when income dropped by 37%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chisago Lakes Parent Teacher Org 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 21st percentile, and in the 17th percentile within MN. Charities of a similar size with the same main cause include Beijing Chinese School Inc ($54k), Ivy Charitable Foundation ($54k) and Granada Hills Charter High School Education Foundation ($54k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.