Farragut Middle School PTO

Analysis

Farragut Middle School PTO is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in February 2015, 11 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, Farragut Middle School PTO reported income of $81k and spending of $81k, spending 100% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $90k to $81k (-9.9%), an average of -9.9% a year. 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, Farragut Middle School PTO sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within TN. Charities of a similar size with the same main cause include Dry Scrubber Users Association Inc ($81k), Bulgarian Cultural Club in Seattle Wa ($81k) and Saratoga Springs Rotary Education Foundation Inc ($81k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 87% of the total. At year end it held assets of $7,500 against liabilities of $0, net assets of $7,500.