Glenwood School PTO Inc

Analysis

Glenwood School PTO Inc is a registered charity in United States, based in Short Hills, NJ. It received its IRS tax-exemption ruling in April 2002, 24 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 August 2023, Glenwood School PTO Inc reported income of $278k and spending of $194k, leaving 30% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $153k to $278k (+82%), an average of +16% a year. The sharpest change came in the year to August 2022, when income rose by 240%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Glenwood School PTO Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Elevents LLC ($278k), Joseph M Sheetz Scholarship Fund Inc ($278k) and Kids College ($278k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 29% of the total. At year end it held assets of $473k against liabilities of $49k, net assets of $423k.