Fulmar Road PTO

Analysis

Fulmar Road PTO is a registered charity in United States, based in Mahopac, NY. It received its IRS tax-exemption ruling in September 2004, 22 years ago. 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 August 2023, Fulmar Road PTO reported income of $150k and spending of $149k, spending 99% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $115k to $150k (+31%), an average of +9.3% a year. The sharpest change came in the year to August 2022, when income rose by 288%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fulmar Road PTO sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include 22 2 None ($150k), California Federation of Womens Clubs ($150k) and Hope with Heart a Non-Profit Corporation ($150k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 73% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.