Gene Witt Elementary PTO Inc

Analysis

Gene Witt Elementary PTO Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in January 2002, 24 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, Gene Witt Elementary PTO Inc reported income of $72k and spending of $84k, spending 116% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $71k to $72k (+2.5%), an average of +2.5% a year. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gene Witt Elementary PTO Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 32nd percentile within FL. Charities of a similar size with the same main cause include Pine Hill Mission ($72k), Somers Track & Field Booster Club ($72k) and Montessori World School Parent Teacher Organization ($72k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.5% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.