Pto-Shoemaker School Corporation

Analysis

Pto-Shoemaker School Corporation is a registered charity in United States, based in Lynn, MA. It received its IRS tax-exemption ruling in February 2006, 20 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 August 2023, Pto-Shoemaker School Corporation reported income of $67k and spending of $58k, spending 87% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $62k to $67k (+8.4%), an average of +8.4% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pto-Shoemaker School Corporation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 35th percentile within MA. Charities of a similar size with the same main cause include Illinois Congress of Parents Teachers ($67k), Burnet Bulldog Athletic Booster Club ($67k) and Friends of the Wichita Library Inc ($67k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.