Mt Olive PTO Aka Mopto

Analysis

Mt Olive PTO Aka Mopto is a registered charity in United States, based in Budd Lake, NJ. It received its IRS tax-exemption ruling in November 2021, 5 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 July 2024, Mt Olive PTO Aka Mopto reported income of $62k and spending of $55k, spending 88% of its income. Across the 6 years on record, from June 2019 to July 2024, income grew from $20k to $62k (+212%), an average of +26% a year. The sharpest change came in the year to July 2023, when income rose by 615%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mt Olive PTO Aka Mopto sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 32nd percentile within NJ. Charities of a similar size with the same main cause include Mooresville Foundation for Excellence in Education ($62k), Plainville Parent Teacher Organization Inc ($62k) and Adventist Education Foundation ($62k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 0.8% and program service revenue 97% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.