CTK Homeschool Group

Analysis

CTK Homeschool Group is a registered charity in United States, based in Ypsilanti, MI. It received its IRS tax-exemption ruling in April 2018, 8 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, CTK Homeschool Group reported income of $555k and spending of $417k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $450k to $555k (+23%), an average of +5.4% a year. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, CTK Homeschool Group sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Texas Association of Collegiate Registrars & Admissions Officers ($555k), Axiom Education & Training Center ($555k) and Neighborhood Schools Inc ($555k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $539k against liabilities of $41k, net assets of $499k.