PTO of Hall-Kent Elementary

Analysis

PTO of Hall-Kent Elementary is a registered charity in United States, based in Homewood, AL. It received its IRS tax-exemption ruling in July 2024, 2 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, PTO of Hall-Kent Elementary reported income of $127k and spending of $132k, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $82k to $127k (+56%), an average of +9.3% a year. The sharpest change came in the year to June 2022, when income rose by 198%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, PTO of Hall-Kent Elementary sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within AL. Charities of a similar size with the same main cause include American Society of Heating Refrigerating & A-C Engineers ($127k), Hispanic Bible Institute Inc ($127k) and Massachusetts General Hospital Nurses Alumnae Association Inc ($127k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 28% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.