Thompson School Parent-Teacher Organization

Analysis

Thompson School Parent-Teacher Organization is a registered charity in United States, based in Arlington, MA. It received its IRS tax-exemption ruling in August 2014, 12 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 August 2023, Thompson School Parent-Teacher Organization reported income of $75k and spending of $101k, spending 135% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $57k to $75k (+31%), an average of +31% a year. The sharpest change came in the year to August 2023, when income rose by 31%. Over the whole period it spent 132% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thompson School Parent-Teacher Organization sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include Palmyra Area Education Foundation ($75k), Sprinkler Fitters Local 483 Scholarship & Community Fund ($75k) and Derech Hakodesh Inc ($75k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $112k against liabilities of $1,698, net assets of $110k.