Wellington PTO Inc

Analysis

Wellington PTO Inc is a registered charity in United States, based in Belmont, MA. It received its IRS tax-exemption ruling in January 1993, 33 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, Wellington PTO Inc reported income of $1.0m and spending of $905k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $971k to $1.0m (+4.9%), an average of +1.2% a year. The sharpest change came in the year to June 2022, when income rose by 179%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wellington PTO Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Uno Student Organizatoins Inc ($1.0m), Caulbridge School Education Foundation ($1.0m) and Voyagers School Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. At year end it held assets of $652k against liabilities of $59k, net assets of $593k. It reported 33 employees.