Catawba Springs Elementary PTO

Analysis

Catawba Springs Elementary PTO is a registered charity in United States, based in Denver, NC. It received its IRS tax-exemption ruling in December 2010, 16 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, Catawba Springs Elementary PTO reported income of $62k and spending of $89k, spending 143% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $66k to $62k (-5.9%), an average of -5.9% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Catawba Springs Elementary PTO sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within NC. Charities of a similar size with the same main cause include Nick Rozanski Memorial Foundation ($62k), Philadelphia Childrens Foundation ($62k) and The New York State Probation Officers Association Inc ($62k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 85% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.