Milam Elementary PTO Inc

Analysis

Milam Elementary PTO Inc is a registered charity in United States, based in McAllen, TX. It received its IRS tax-exemption ruling in December 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 2023, Milam Elementary PTO Inc reported income of $69k and spending of $80k, spending 115% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $81k to $69k (-15%), an average of -15% a year. Over the whole period it spent 127% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Milam Elementary PTO Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Kentucky Tactical Officers Association ($69k), Ecole Parents Association ($69k) and Charm City Referee Association Inc ($69k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 8.7% of the total. At year end it held assets of $39k against liabilities of $724, net assets of $38k.