Rice Lake Elementary PTO

Analysis

Rice Lake Elementary PTO is a registered charity in United States, based in Maple Grove, MN. It received its IRS tax-exemption ruling in September 2004, 22 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, Rice Lake Elementary PTO reported income of $59k and spending of $58k, spending 99% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $63k to $59k (-7.4%), an average of -7.4% a year. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rice Lake 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 23rd percentile, and in the 19th percentile within MN. Charities of a similar size with the same main cause include Decolonizing the Music Room ($59k), Sussex Central Senior High School Band Boosters ($59k) and Norma J Paschal Elementary School Parent Teacher Club ($59k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 13% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.