Rennell Elementary PTO

Analysis

Rennell Elementary PTO is a registered charity in United States, based in Cypress, TX. 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, Rennell Elementary PTO reported income of $192k and spending of $126k, leaving 34% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $165k to $192k (+16%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rennell Elementary PTO sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Ahs Patriettes Booster Club ($192k), Greater Nebraska Apprenticeship and Training Trust Fund ($192k) and Downtown Doral Charter Schools Foundation Inc ($192k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.