Wallburg Elementary School PTO

Analysis

Wallburg Elementary School PTO is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Wallburg Elementary School PTO reported income of $53k and spending of $35k, leaving 34% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $53k to $53k (-1.3%), an average of -1.3% a year. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wallburg Elementary School PTO sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within NC. Charities of a similar size with the same main cause include Palm Beach Childrens Chorus Inc ($53k), Taniokas Charity Foundation ($53k) and The Pearl Fund ($53k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.8% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.