Weddington Elementary School PTO

Analysis

Weddington Elementary School PTO is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in December 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 July 2024, Weddington Elementary School PTO reported income of $110k and spending of $123k, spending 112% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income fell from $136k to $110k (-19%), an average of -19% a year. The sharpest change came in the year to July 2024, when income dropped by 19%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Weddington Elementary School PTO sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include Princeton Learning Experience International School ($110k), Alexander Technique Intl Inc ($110k) and Advancing Academics ($110k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 6.3% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.