Antioch Elementary PTO

Analysis

Antioch Elementary PTO is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in September 2004, 22 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, Antioch Elementary PTO reported income of $142k and spending of $157k, spending 110% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $92k to $142k (+55%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Antioch Elementary PTO sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include Friends of Los Alamitos Elementary ($142k), Southwest Virginia Higher Education Center Foundation ($142k) and Emergency Nurses Association ($142k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 88% of the total. At year end it held assets of $30k against liabilities of $850, net assets of $29k.