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Hopkinton Parent Teacher Organization

RegisteredEIN 85-3884944Hopkinton, MAEducation and training
Income$117k2023-06
Spending$103ksame year
Spent / received89%2-year average
Size in its cause43rd pctEducation and training
Exempt since2021Publicly supported organisat
Employees0latest return

Analysis

Hopkinton Parent Teacher Organization is a registered charity in United States, based in Hopkinton, MA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hopkinton Parent Teacher Organization reported income of $117k and spending of $103k, spending 88% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $101k to $117k (+16%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hopkinton Parent Teacher Organization sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include Trinity Classical Christian Academy ($117k), Pasco Education Foundation ($117k) and Michael and Henrietta Olupona Foundation ($117k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 13% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.

Income and spending

$0$29k$58k$88k$117k2022 Income: $100,7042022 Spending: $89,90020222023 Income: $116,9212023 Spending: $103,1882023
IncomeSpending

Where the income comes from

  • Contributions & grants 12%
  • Program services 13%
  • Other 75%

Similar-sized charities, same cause

CharityLocationIncome
Trinity Classical Christian AcademySammamish$117k
Pasco Education FoundationPasco$117k
Michael and Henrietta Olupona FoundationNew York$117k
Public Works Academy IncSaint Petersburg$117k