Desoto Central Elementary PTO

Analysis

Desoto Central Elementary PTO is a registered charity in United States, based in Southaven, MS. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Desoto Central Elementary PTO reported income of $50k and spending of $82k, spending 163% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $56k to $50k (-10%), an average of -10% a year. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Desoto Central Elementary PTO sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within MS. Charities of a similar size with the same main cause include Bryn Mawr-Wellesley Book Sale a New Jersey Nonprofit Corporation ($50k), New England Sports Turf Managers Foundation TR ($50k) and The Miss America Foundation Inc ($50k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.