Lovettsville Elem School PTO

Analysis

Lovettsville Elem School PTO is a registered charity in United States, based in Lovettsville, VA. It received its IRS tax-exemption ruling in October 1999, 27 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, Lovettsville Elem School PTO reported income of $89k and spending of $100k, spending 113% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $136k to $89k (-35%), an average of -35% a year. The sharpest change came in the year to June 2024, when income dropped by 35%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lovettsville Elem School PTO sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within VA. Charities of a similar size with the same main cause include Christ the King Preparatory Academy ($89k), Washington International Education Fund ($89k) and Cisd Educational Support Groups Inc ($89k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.6% and program service revenue 79% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.