Glencoe PTO

Analysis

Glencoe PTO is a registered charity in United States, based in Glencoe, IL. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Glencoe PTO reported income of $194k and spending of $218k, spending 113% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income fell from $252k to $194k (-23%), an average of -23% a year. The sharpest change came in the year to July 2023, when income dropped by 23%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Glencoe PTO sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include One Classroom ($194k), Wilson House Inc ($194k) and Parent Booster USA Inc ($194k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 7.0% and program service revenue 67% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.