JV Washam Elementary PTO

Analysis

JV Washam Elementary PTO is a registered charity in United States, based in Cornelius, NC. It received its IRS tax-exemption ruling in December 2006, 20 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 June 2024, JV Washam Elementary PTO reported income of $103k and spending of $127k, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income grew from $81k to $103k (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2023, when income rose by 150%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, JV Washam Elementary PTO 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 38th percentile, and in the 35th percentile within NC. Charities of a similar size with the same main cause include Creative Minds Montessori ($103k), University High School Titan Boosters Club ($103k) and Health and Education for Colombia Inc ($103k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.8% and program service revenue 67% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.