Weaver Lake Elementary PTO
Analysis
Weaver Lake Elementary PTO is a registered charity in United States, based in Maple Grove, MN. It received its IRS tax-exemption ruling in May 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 June 2024, Weaver Lake Elementary PTO reported income of $79k and spending of $70k, spending 89% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $71k to $79k (+11%), an average of +11% a year. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Weaver Lake Elementary PTO sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 27th percentile within MN. Charities of a similar size with the same main cause include Swallow Education Foundation Inc ($79k), Park Spanish Immersion Parent Teacher Organization ($79k) and Copeland Elementary PTO Inc ($79k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.9% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.
Income and spending
Where the income comes from
- Contributions & grants 2.9%
- Other 97%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Swallow Education Foundation Inc | Hartland | $79k |
| Park Spanish Immersion Parent Teacher Organization | St Louis Park | $79k |
| Copeland Elementary PTO Inc | Houston | $79k |
| Iowa Ready Mixed Concrete Association Scholarship Fund | Ankeny | $79k |