Margaret Brent Elementary School Parent Teacher Organization

Analysis

Margaret Brent Elementary School Parent Teacher Organization is a registered charity in United States, based in Stafford, VA. It received its IRS tax-exemption ruling in August 2019, 7 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 2023, Margaret Brent Elementary School Parent Teacher Organization reported income of $97k and spending of $54k, leaving 44% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $77k to $97k (+27%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Margaret Brent Elementary School Parent Teacher Organization sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Proyecto Nehemias Inc ($97k), Lariette Service Organization ($97k) and Joe and Teresa Long Char TR ($97k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 2.5% and program service revenue 47% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.