Madison Creek Elementary PTO

Analysis

Madison Creek Elementary PTO is a registered charity in United States, based in Goodlettsvlle, TN. It received its IRS tax-exemption ruling in July 2005, 21 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, Madison Creek Elementary PTO reported income of $66k and spending of $81k, spending 123% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $61k to $66k (+8.9%), an average of +8.9% a year. Over the whole period it spent 122% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Madison Creek Elementary PTO sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within TN. Charities of a similar size with the same main cause include Friends of Ecole Agape Inc ($66k), Valley Center School District Education Foundation ($66k) and Ridge High School Parent Teacher Organization Inc ($66k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 38% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.