Newton Lee Elementary School PTO Incorporated

Analysis

Newton Lee Elementary School PTO Incorporated is a registered charity in United States, based in Ashburn, VA. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Newton Lee Elementary School PTO Incorporated reported income of $138k and spending of $94k, leaving 32% of income unspent that year. Across the 3 years on record, from June 2019 to June 2024, income grew from $129k to $138k (+6.9%), an average of +3.4% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Newton Lee Elementary School PTO Incorporated sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within VA. Charities of a similar size with the same main cause include Employee Relief Foundation ($138k), The Order of St John-Malta-Knights Hospitaller Commandery of Ny Inc ($138k) and Re-Knowvate Inc ($138k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 52% of the total. At year end it held assets of $126k against liabilities of $0, net assets of $126k.