Park Road Montessori PTO

Analysis

Park Road Montessori PTO is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in February 1998, 28 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 2023, Park Road Montessori PTO reported income of $120k and spending of $80k, leaving 34% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $153k to $120k (-22%), an average of -22% a year. The sharpest change came in the year to June 2023, when income dropped by 22%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Park Road Montessori PTO sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Go on Girl Book Club Inc ($120k), Garrison Mill Education Foundation Inc ($120k) and Unity Alliance of Southern Idaho Inc ($120k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $138k against liabilities of $0, net assets of $138k.