True North Parent Partnership

Analysis

True North Parent Partnership is a registered charity in United States, based in The Woodlands, TX. It received its IRS tax-exemption ruling in October 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, True North Parent Partnership reported income of $393k and spending of $377k, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $222k to $393k (+77%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, True North Parent Partnership sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Great River School Foundation ($393k), Gold Star Private Academy Incorporated ($393k) and Friends of Whitney M Young High School ($393k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $77k (20% of expenses). At year end it held assets of $72k against liabilities of $0, net assets of $72k. It reported 2 employees.