Northwest Elementary PTO

Analysis

Northwest Elementary PTO is a registered charity in United States, based in Lexington, NC. It received its IRS tax-exemption ruling in January 2005, 21 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 August 2023, Northwest Elementary PTO reported income of $74k and spending of $77k, spending 104% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $75k to $74k (-0.4%), an average of -0.4% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northwest 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 27th percentile within NC. Charities of a similar size with the same main cause include Gallatin Gateway School Foundation ($74k), Linwood Education Foundation Incorporated ($74k) and Rotary Club of Emmett Foundation Inc ($74k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 3.4% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.