Garden Oaks Montessori Magnet PTO Inc

Analysis

Garden Oaks Montessori Magnet PTO Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2017, 9 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 2023, Garden Oaks Montessori Magnet PTO Inc reported income of $222k and spending of $156k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $263k to $222k (-15%), an average of -4.1% a year. The sharpest change came in the year to June 2020, when income dropped by 35%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Garden Oaks Montessori Magnet PTO Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Des Moines North High School Booster Club ($222k), Learning Tree Nursery Inc ($222k) and Swapa Scholarship Fund ($222k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.5% and program service revenue 23% of the total. At year end it held assets of $260k against liabilities of $0, net assets of $260k.