Slaughter Elementary PTO

Analysis

Slaughter Elementary PTO is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in November 2023, 3 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, Slaughter Elementary PTO reported income of $56k and spending of $46k, spending 83% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $50k to $56k (+11%), an average of +3.6% a year. The sharpest change came in the year to June 2023, when income rose by 595%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Slaughter Elementary PTO sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Civic Hospital Residents Alumni Association ($56k), 203 Education Foundation Inc ($56k) and National Black Mba Association Indianapolis Chapter ($56k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 3.0% and program service revenue 97% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.