Lynnfield Public Schools Parent Teacher Organization Inc

Analysis

Lynnfield Public Schools Parent Teacher Organization Inc is a registered charity in United States, based in Lynnfield, MA. It received its IRS tax-exemption ruling in June 2024, 2 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, Lynnfield Public Schools Parent Teacher Organization Inc reported income of $121k and spending of $125k, spending 103% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $33k to $121k (+263%), an average of +54% a year. The sharpest change came in the year to June 2022, when income rose by 364%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lynnfield Public Schools Parent Teacher Organization Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Needham B Broughton Capital Foundation ($121k), Peoria Hebrew Day School Inc ($121k) and Bsides Augusta Inc ($121k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% of the total. At year end it held assets of $150k against liabilities of $0, net assets of $150k.