Merritt Academy Parent Teacher Organization

Analysis

Merritt Academy Parent Teacher Organization is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in October 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Merritt Academy Parent Teacher Organization reported income of $121k and spending of $71k, leaving 41% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $93k to $121k (+30%), an average of +30% a year. The sharpest change came in the year to June 2024, when income rose by 30%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Merritt Academy Parent Teacher Organization 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 41st percentile within VA. Charities of a similar size with the same main cause include Divas in Power Inc ($121k), Lifeissocalgood LLC ($121k) and Trinity Counseling Services ($121k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 7.9% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.