Minnewashta Elementary PTO Inc

Analysis

Minnewashta Elementary PTO Inc is a registered charity in United States, based in Excelsior, MN. It received its IRS tax-exemption ruling in September 2014, 12 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, Minnewashta Elementary PTO Inc reported income of $64k and spending of $65k, spending 102% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $58k to $64k (+9.5%), an average of +9.5% a year. Over the whole period it spent 138% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Minnewashta Elementary PTO Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within MN. Charities of a similar size with the same main cause include Modesto Area Student Endowment Inc ($64k), Drew League Foundation ($64k) and Portland Metro Beekeepers Association ($64k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 4.3% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.