Broadneck Elementary School Parent Teacher Organization

Analysis

Broadneck Elementary School Parent Teacher Organization is a registered charity in United States, based in Arnold, MD. It received its IRS tax-exemption ruling in April 2020, 6 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, Broadneck Elementary School Parent Teacher Organization reported income of $141k and spending of $157k, spending 111% of what it took in. Across the 4 years on record, from August 2017 to August 2023, income grew from $43k to $141k (+230%), an average of +49% a year. The sharpest change came in the year to August 2018, when income rose by 106%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Broadneck Elementary School Parent Teacher Organization sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MD. Charities of a similar size with the same main cause include Whitehouse Isd Education Foundation ($141k), St Johns Christian Education Foundation ($141k) and Project Imo Inc ($141k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 76% and program service revenue 22% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.