Lake Murray Elementary School PTO

Analysis

Lake Murray Elementary School PTO is a registered charity in United States, based in Chapin, SC. It received its IRS tax-exemption ruling in November 2016, 10 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, Lake Murray Elementary School PTO reported income of $80k and spending of $73k, spending 91% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $55k to $80k (+45%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 63%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Murray Elementary School PTO sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 37th percentile within SC. Charities of a similar size with the same main cause include Mustang Athletic Boosters Assoc ($80k), Jewish Community Center Nursery School of State College Inc ($80k) and PTA Texas Congress ($80k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $105k against liabilities of $0, net assets of $105k.