Fort Thomas Independent PTO

Analysis

Fort Thomas Independent PTO is a registered charity in United States, based in Fort Thomas, KY. It received its IRS tax-exemption ruling in March 2016, 10 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, Fort Thomas Independent PTO reported income of $238k and spending of $297k, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $185k to $238k (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2022, when income rose by 148%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fort Thomas Independent PTO sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within KY. Charities of a similar size with the same main cause include Independence High School Band Boosters ($238k), STEM Education Coalition Policy Forum ($238k) and Knollwood Christian School ($238k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $191k against liabilities of $0, net assets of $191k.