Payneville Elementary PTO Inc

Analysis

Payneville Elementary PTO Inc is a registered charity in United States, based in Payneville, KY. It received its IRS tax-exemption ruling in June 2023, 3 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 2022, Payneville Elementary PTO Inc reported income of $101k and spending of $98k, spending 97% of its income. Across the 6 years on record, from December 2016 to June 2022, income grew from $50k to $101k (+101%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Payneville Elementary PTO Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within KY. Charities of a similar size with the same main cause include Jessie F George H S O-Home School Organ ($101k), Midwest Affordable Housing Educational Opportunities ($101k) and Evesham Education Foundation Inc ($101k).

On its Form 990-EZ for the period ending June 2022, revenue came from contributions and grants 2.7% and program service revenue 97% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.