Marvin Elementary School PTO

Analysis

Marvin Elementary School PTO is a registered charity in United States, based in Marvin, NC. It received its IRS tax-exemption ruling in September 2011, 15 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, Marvin Elementary School PTO reported income of $151k and spending of $139k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $130k to $151k (+16%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marvin Elementary School PTO sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NC. Charities of a similar size with the same main cause include Global Ecumenical Ministries Through Utc - Zimbabwe Inc ($151k), Roosevelt Jazz Booster Club ($151k) and Inner Force Economic Development Corp ($151k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 16% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.