Chesapeake Math and It Elementary PTO

Analysis

Chesapeake Math and It Elementary PTO is a registered charity in United States, based in Laurel, MD. It received its IRS tax-exemption ruling in November 2014, 12 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, Chesapeake Math and It Elementary PTO reported income of $74k and spending of $67k, spending 91% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $64k to $74k (+16%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chesapeake Math and It Elementary PTO sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within MD. Charities of a similar size with the same main cause include Washington Park-Rochelle High Schools Alumni Association ($74k), Roland-Story Parent Teacher Organization ($74k) and Clifton Education Foundation ($74k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 7.4% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.