Morse Elementary School PTO Inc

Analysis

Morse Elementary School PTO Inc is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in May 1991, 35 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, Morse Elementary School PTO Inc reported income of $82k and spending of $73k, spending 90% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $56k to $82k (+45%), an average of +45% a year. The sharpest change came in the year to June 2024, when income rose by 45%. 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, Morse Elementary School PTO Inc 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 32nd percentile, and in the 30th percentile within KS. Charities of a similar size with the same main cause include Idea Project ($82k), Chestatee High School Touchdown Club ($82k) and Wilson Music Promoters ($82k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 87% of the total. At year end it held assets of $80k against liabilities of $9,135, net assets of $71k.