Sagemont Upper School PTO Inc

Analysis

Sagemont Upper School PTO Inc is a registered charity in United States, based in Weston, FL. It received its IRS tax-exemption ruling in December 2020, 6 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 2023, Sagemont Upper School PTO Inc reported income of $88k and spending of $122k, spending 138% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $45k to $88k (+96%), an average of +96% a year. The sharpest change came in the year to June 2023, when income rose by 96%. Over the whole period it spent 134% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sagemont Upper School PTO Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Lily Lake Elementary Parent Teacher Organization ($88k), Society of Human Engagement and Business Alignment Resource Center ($88k) and Cordova Senior High School Music Boosters Association Inc ($88k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.