Ithan Elementary PTO Inc

Analysis

Ithan Elementary PTO Inc is a registered charity in United States, based in Bryn Mawr, PA. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Ithan Elementary PTO Inc reported income of $153k and spending of $145k, spending 94% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $129k to $153k (+19%), an average of +19% a year. The sharpest change came in the year to August 2023, when income rose by 19%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ithan Elementary PTO Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within PA. Charities of a similar size with the same main cause include Peachtree Ridge Band Boosters Association Inc ($153k), Balanced Rock Foundation ($153k) and A a M T a ($153k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 73% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.