Milford Brook PTO

Analysis

Milford Brook PTO is a registered charity in United States, based in Manalapan, NJ. It received its IRS tax-exemption ruling in November 2016, 10 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, Milford Brook PTO reported income of $78k and spending of $52k, leaving 34% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $62k to $78k (+26%), an average of +26% a year. The sharpest change came in the year to June 2024, when income rose by 26%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Milford Brook PTO sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 38th percentile within NJ. Charities of a similar size with the same main cause include Ethics in Education Network Inc ($78k), Island Scholars Inc ($78k) and Roeper Institute ($78k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 7.3% of the total. At year end it held assets of $56k against liabilities of $1,960, net assets of $54k.