Basswood Elementary School PTO

Analysis

Basswood Elementary School PTO is a registered charity in United States, based in Maple Grove, MN. It received its IRS tax-exemption ruling in January 2000, 26 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, Basswood Elementary School PTO reported income of $177k and spending of $187k, spending 105% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income fell from $210k to $177k (-15%), an average of -5.4% a year. The sharpest change came in the year to June 2023, when income rose by 64%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Basswood Elementary School PTO sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within MN. Charities of a similar size with the same main cause include Port Huron Town Hall Series ($177k), Subiaco Alumni Association ($177k) and Technology in Education Colorado Inc ($177k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 4.7% and program service revenue 95% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.