Sheridan School PTO

Analysis

Sheridan School PTO is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in April 1984, 42 years ago. 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 July 2024, Sheridan School PTO reported income of $156k and spending of $43k, leaving 72% of income unspent that year. Across the 3 years on record, from July 2022 to July 2024, income grew from $42k to $156k (+276%), an average of +94% a year. The sharpest change came in the year to July 2024, when income rose by 102%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sheridan School PTO sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NE. Charities of a similar size with the same main cause include Bordentown Historical Society ($156k), Modoc Volunteer Fire Department ($156k) and Coventry Girls Softball League Inc ($156k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $239k against liabilities of $0, net assets of $239k.