Franklin Elementary School PTO

Analysis

Franklin Elementary School PTO is a registered charity in United States, based in Summit, NJ. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Franklin Elementary School PTO reported income of $86k and spending of $82k, spending 96% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $85k to $86k (+0.7%), an average of +0.3% a year. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Franklin Elementary School PTO sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Waterloo High School Bulldogs Athletic Booster Club ($86k), Flyquest Inc ($86k) and Ponderosa Enrichment Programscommittee Inc ($86k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 15% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.