McCormick Elementary PTO

Analysis

McCormick Elementary PTO is a registered charity in United States, based in Loveland, OH. It received its IRS tax-exemption ruling in December 2003, 23 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 July 2024, McCormick Elementary PTO reported income of $68k and spending of $105k, spending 155% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income grew from $53k to $68k (+29%), an average of +29% a year. The sharpest change came in the year to July 2024, when income rose by 29%. Over the whole period it spent 128% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, McCormick Elementary PTO sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within OH. Charities of a similar size with the same main cause include San Ramon Raptor Lacrosse Club ($68k), Clearcreek I S D Support Groups ($68k) and Woodbrook Elementary Parent Teacher Organization Inc ($68k).

On its Form 990-EZ for the period ending July 2024, revenue came from program service revenue 28% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.