Thomson School PTO

Analysis

Thomson School PTO is a registered charity in United States, based in North Andover, MA. It received its IRS tax-exemption ruling in January 2008, 18 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 2024, Thomson School PTO reported income of $67k and spending of $48k, leaving 28% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $31k to $67k (+113%), an average of +46% a year. The sharpest change came in the year to June 2024, when income rose by 56%. 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, Thomson School PTO sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 35th percentile within MA. Charities of a similar size with the same main cause include Mississippi Library Association Inc ($67k), Organization of Parents & Educators ($67k) and Tennessee High School Band Boosters ($67k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 4.4% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.