Madison Avenue Elementary PTO

Analysis

Madison Avenue Elementary PTO is a registered charity in United States, based in Madison, MS. It received its IRS tax-exemption ruling in October 1952, 74 years ago. 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, Madison Avenue Elementary PTO reported income of $148k and spending of $228k, spending 154% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $158k to $148k (-6.4%), an average of -1.6% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Madison Avenue Elementary PTO sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within MS. Charities of a similar size with the same main cause include The Association of Teaching Artists Inc ($148k), PTA Florida Congress ($148k) and Lockington Volunteer Fire Association Incorporated ($148k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.