Murchison Elementary PTO
Analysis
Murchison Elementary PTO is a registered charity in United States, based in Pflugerville, TX. It received its IRS tax-exemption ruling in December 2019, 7 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 2024, Murchison Elementary PTO reported income of $60k and spending of $78k, spending 131% of what it took in. Across the 5 years on record, from August 2020 to August 2024, income fell from $81k to $60k (-26%), an average of -7.4% a year. The sharpest change came in the year to August 2021, when income dropped by 46%. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Murchison Elementary PTO sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within TX. Charities of a similar size with the same main cause include District 100 Foundation for Excellence in Education Inc ($60k), Project Enlightenment Foundationinc ($60k) and Butler Montessori School Inc ($60k).
On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 14% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.
Income and spending
Where the income comes from
- Contributions & grants 14%
- Other 86%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| District 100 Foundation for Excellence in Education Inc | Rockford | $60k |
| Project Enlightenment Foundationinc | Raleigh | $60k |
| Butler Montessori School Inc | Butler | $60k |
| The G Family Foundation Inc | Plano | $60k |