Belmont High School PTO Inc

Analysis

Belmont High School PTO Inc is a registered charity in United States, based in Belmont, MA. It received its IRS tax-exemption ruling in September 2002, 24 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, Belmont High School PTO Inc reported income of $53k and spending of $44k, spending 83% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $71k to $53k (-26%), an average of -26% a year. The sharpest change came in the year to June 2024, when income dropped by 26%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Belmont High School PTO Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 29th percentile within MA. Charities of a similar size with the same main cause include Jr Cyclones Football Inc ($53k), Whittier Tech Educational Foundation Inc ($53k) and Northern California Chapter Society of Nuclear Medicine ($53k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.