Carpenter School PTO

Analysis

Carpenter School PTO is a registered charity in United States, based in Park Ridge, IL. It received its IRS tax-exemption ruling in September 2007, 19 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, Carpenter School PTO reported income of $112k and spending of $66k, leaving 41% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income grew from $52k to $112k (+115%), an average of +114% a year. The sharpest change came in the year to July 2024, when income rose by 115%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carpenter School PTO sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within IL. Charities of a similar size with the same main cause include Joshua Harr Shane Foundation Inc ($112k), Northeast Alabama Community College Foundation ($112k) and Raymond Library Co Agent for Treasurer ($112k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 14% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.