Abbot Elementary School PTO

Analysis

Abbot Elementary School PTO is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in May 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 2024, Abbot Elementary School PTO reported income of $54k and spending of $42k, leaving 23% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $55k to $54k (-1.9%), an average of -1.9% a year. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Abbot Elementary School PTO sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within MI. Charities of a similar size with the same main cause include Kolb Elementary School Parent Faculty Club ($54k), Juniata Elementary Parent Teacher Organization ($54k) and Legacy High School Orchestra Booster Club ($54k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 45% of the total. At year end it held assets of $56k against liabilities of $370, net assets of $55k.