Meadow Glen Elementary School PTO

Analysis

Meadow Glen Elementary School PTO is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in February 2012, 14 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, Meadow Glen Elementary School PTO reported income of $51k and spending of $72k, spending 141% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $59k to $51k (-13%), an average of -13% a year. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Meadow Glen Elementary School PTO sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 25th percentile within SC. Charities of a similar size with the same main cause include Forest Charter School Education Foundation ($51k), LA Habra High School Band Boosters ($51k) and Cedar Canyon Elementary PTO ($51k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.0% of the total. At year end it held assets of $126k against liabilities of $20, net assets of $126k.