Heritage Elementary School PTO

Analysis

Heritage Elementary School PTO is a registered charity in United States, based in Thompsons STN, TN. It received its IRS tax-exemption ruling in February 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 June 2024, Heritage Elementary School PTO reported income of $51k and spending of $40k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $49k to $51k (+4.8%), an average of +4.8% a year. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heritage Elementary School PTO sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within TN. Charities of a similar size with the same main cause include Avstem Incorporated ($51k), Officer Brian Shaw Memorial Scholarship Fund ($51k) and Joint Patent Practice Continuing Legal Education Inc ($51k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 33% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.