Independence Primary School PTO
Analysis
Independence Primary School PTO is a registered charity in United States, based in Independence, OH. It received its IRS tax-exemption ruling in February 2001, 25 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, Independence Primary School PTO reported income of $96k and spending of $101k, spending 105% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $84k to $96k (+15%), an average of +15% a year. Over the whole period it spent 99% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Independence Primary School PTO sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within OH. Charities of a similar size with the same main cause include CGS PTO ($96k), Millard South Athletic Booster Club Inc ($96k) and Edward Byrom Elementary P S 0 Foundation ($96k).
On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 5.2% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.
Income and spending
Where the income comes from
- Contributions & grants 5.2%
- Other 95%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| CGS PTO | Methuen | $96k |
| Millard South Athletic Booster Club Inc | Omaha | $96k |
| Edward Byrom Elementary P S 0 Foundation | Tualatin | $96k |
| Roadrunner Booster Club | Moreno Valley | $96k |