Memorial-Spauling Parent Teacher Organization Inc

Analysis

Memorial-Spauling Parent Teacher Organization Inc is a registered charity in United States, based in Newton Center, MA. It received its IRS tax-exemption ruling in June 2013, 13 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, Memorial-Spauling Parent Teacher Organization Inc reported income of $187k and spending of $207k, spending 111% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $190k to $187k (-1.4%), an average of -0.4% a year. The sharpest change came in the year to August 2022, when income rose by 744%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Memorial-Spauling Parent Teacher Organization Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include Camden Schools Foundation ($187k), Bardstown Foundation for Excellence in Public Education ($187k) and Michigan Folk School ($187k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.2% and program service revenue 108% of the total. At year end it held assets of $145k against liabilities of $9,704, net assets of $135k.