Scholars Academy PTO

Analysis

Scholars Academy PTO is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in September 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, Scholars Academy PTO reported income of $71k and spending of $63k, spending 89% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $91k to $71k (-22%), an average of -22% a year. The sharpest change came in the year to June 2024, when income dropped by 22%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Scholars Academy PTO sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NC. Charities of a similar size with the same main cause include Radburn Parent Teacher Association of Fai Lawn NJ ($71k), Parent Teacher Association PS 55r ($71k) and Motivational Learning Institute ($71k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.