Paine Elementary PTO

Analysis

Paine Elementary PTO is a registered charity in United States, based in Trussville, AL. It received its IRS tax-exemption ruling in December 2017, 9 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, Paine Elementary PTO reported income of $91k and spending of $73k, spending 81% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $74k to $91k (+23%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Paine Elementary PTO sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within AL. Charities of a similar size with the same main cause include National Design Alliance ($91k), WWC Inc ($91k) and American University of Sovereign Nations Inc ($91k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 52% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.