Palmyra Elementary PTO Inc

Analysis

Palmyra Elementary PTO Inc is a registered charity in United States, based in Palmyra, PA. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Palmyra Elementary PTO Inc reported income of $79k and spending of $67k, spending 85% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $90k to $79k (-12%), an average of -12% a year. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Palmyra Elementary PTO Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within PA. Charities of a similar size with the same main cause include Homestead High School Equestriettes Dance Team Boosters Inc ($79k), Northern New Jersey Huaxia Chinese School Inc ($79k) and Western Association of Advisors for the Health Professions Inc ($79k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 5.9% of the total. At year end it held assets of $128k against liabilities of $0, net assets of $128k.