Highlands PTO

Analysis

Highlands PTO is a registered charity in United States, based in Braintree, MA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Highlands PTO reported income of $60k and spending of $65k, spending 108% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $44k to $60k (+37%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 154%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Highlands PTO sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 32nd percentile within MA. Charities of a similar size with the same main cause include Association of Laboratory Managers ($60k), Stokesdale PTO ($60k) and Health for Armenia ($60k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.4% and program service revenue 10% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.