Old Union Elementary School PTO

Analysis

Old Union Elementary School PTO is a registered charity in United States, based in Southlake, TX. It received its IRS tax-exemption ruling in September 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, Old Union Elementary School PTO reported income of $362k and spending of $453k, spending 125% of what it took in. Across the 4 years on record, from June 2019 to June 2024, income grew from $148k to $362k (+145%), an average of +35% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Old Union Elementary School PTO sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Holy Cross Education Foundation ($362k), Atlantic Indoor Association ($362k) and Texas Association for College Admission Counseling Inc ($362k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 62% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.