Bailey Middle School Parent Teacher Student Organization Inc

Analysis

Bailey Middle School Parent Teacher Student Organization Inc is a registered charity in United States, based in Cornelius, NC. It received its IRS tax-exemption ruling in March 2023, 3 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 2024, Bailey Middle School Parent Teacher Student Organization Inc reported income of $61k and spending of $57k, spending 92% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $72k to $61k (-15%), an average of -7.8% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bailey Middle School Parent Teacher Student Organization Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within NC. Charities of a similar size with the same main cause include Maple Avenue Home and School ($61k), Hunting Retriever Club Foundation Inc ($61k) and Ballard Rotary Foundation ($61k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.5% and program service revenue 54% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.