Hartshorn School PTO Inc

Analysis

Hartshorn School PTO Inc is a registered charity in United States, based in Short Hills, NJ. It received its IRS tax-exemption ruling in July 2012, 14 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, Hartshorn School PTO Inc reported income of $580k and spending of $530k, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $132k to $580k (+339%), an average of +64% a year. The sharpest change came in the year to June 2022, when income rose by 145%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hartshorn School PTO Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Cotuit Library Association ($580k), Aha Kane-Foundation for the Advancement of Native Hawaiian Mal ($580k) and Cpa Endowment Fund of Illinois ($580k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. At year end it held assets of $468k against liabilities of $87k, net assets of $381k.