Discovery Elementary School PTO

Analysis

Discovery Elementary School PTO is a registered charity in United States, based in Ashburn, VA. It received its IRS tax-exemption ruling in May 2014, 12 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 July 2024, Discovery Elementary School PTO reported income of $50k and spending of $50k, spending 100% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $42k to $50k (+19%), an average of +19% a year. The sharpest change came in the year to July 2024, when income rose by 19%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Discovery 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 18th percentile within VA. Charities of a similar size with the same main cause include Figure 1 Foundation ($50k), Professional Engineers of North Carolina-Educational Foundation ($50k) and Happy Days Learning Center Inc ($50k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 12% and program service revenue 42% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.