Melrose Elementary PTO

Analysis

Melrose Elementary PTO is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Melrose Elementary PTO reported income of $309k and spending of $160k, leaving 48% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $257k to $309k (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Melrose Elementary PTO sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Scago Educational Facilities Corporation for Spartanburg School ($309k), Dallas Urban Debate Alliance ($309k) and Midview Athletic Boosters ($308k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $618k against liabilities of $0, net assets of $618k.