South Shores Magnet School for the Visual and Performing Arts PTO

Analysis

South Shores Magnet School for the Visual and Performing Arts PTO is a registered charity in United States, based in San Pedro, CA. It received its IRS tax-exemption ruling in June 2017, 9 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, South Shores Magnet School for the Visual and Performing Arts PTO reported income of $164k and spending of $180k, spending 110% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $164k to $164k (+0.3%), an average of +0.3% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Shores Magnet School for the Visual and Performing Arts PTO sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Footage Foundation Inc ($164k), Coaches Team Foundation ($164k) and Indianapolis Chinese Community Center Inc ($164k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.