Friends of Groveland PTO

Analysis

Friends of Groveland PTO is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in February 1997, 29 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, Friends of Groveland PTO reported income of $54k and spending of $138k, spending 254% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $39k to $54k (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2022, when income rose by 105%. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Groveland 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 17th percentile within MN. Charities of a similar size with the same main cause include Clarksville-Montgomery County Adult Literacy Council ($54k), Littleton Rotary Charitable Fund Inc ($55k) and Midland High School Athletic Booster Club ($54k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.