Monterey Bay Charter School Parent Teacher Group Inc

Analysis

Monterey Bay Charter School Parent Teacher Group Inc is a registered charity in United States, based in Pacific Grove, CA. It received its IRS tax-exemption ruling in July 2005, 21 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, Monterey Bay Charter School Parent Teacher Group Inc reported income of $209k and spending of $204k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $207k to $209k (+1.0%), an average of +0.2% a year. The sharpest change came in the year to June 2020, when income dropped by 44%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Monterey Bay Charter School Parent Teacher Group Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Inner-City Scholarship Inc 11-20-96 ($209k), Crockett Elementary School PTO ($209k) and Mountain View Thunder Athletic Foundation ($209k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.