Golden Grove Elementary School PTO Inc

Analysis

Golden Grove Elementary School PTO Inc is a registered charity in United States, based in Royal PLM BCH, FL. It received its IRS tax-exemption ruling in July 2017, 9 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 2023, Golden Grove Elementary School PTO Inc reported income of $58k and spending of $47k, spending 82% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $32k to $58k (+81%), an average of +80% a year. The sharpest change came in the year to June 2023, when income rose by 81%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Golden Grove Elementary School PTO Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 26th percentile within FL. Charities of a similar size with the same main cause include White Rose Educational Fund Incorporated ($58k), Scotland County School Foundation ($58k) and Dickinson Public Library Foundation ($58k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 7.3% and program service revenue 46% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.