Folger McKinsey Elementary Schoolpto

Analysis

Folger McKinsey Elementary Schoolpto is a registered charity in United States, based in Severna Park, MD. 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, Folger McKinsey Elementary Schoolpto reported income of $80k and spending of $99k, spending 123% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $89k to $80k (-9.2%), an average of -9.2% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Folger McKinsey Elementary Schoolpto sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within MD. Charities of a similar size with the same main cause include Mammoth Lakes Friends of the Library ($80k), Oregon Space Camp Adventures ($80k) and Association of Rochester Police & Area Law Enforcement Retirees Inc ($80k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 40% and program service revenue 23% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.