Beverly Middle School PTO Inc

Analysis

Beverly Middle School PTO Inc is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in May 2018, 8 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, Beverly Middle School PTO Inc reported income of $117k and spending of $123k, spending 105% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $1,205 to $117k (+9633%), an average of +360% a year. The sharpest change came in the year to June 2022, when income rose by 4264%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beverly Middle School PTO Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include Community Schools of Frankfort Education Foundation Inc ($117k), Walnut Hills High School Assn ($117k) and Pike Amish Community Schools ($117k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 37% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.