JM Grasse PTO

Analysis

JM Grasse PTO is a registered charity in United States, based in Sellersville, PA. It received its IRS tax-exemption ruling in May 2006, 20 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, JM Grasse PTO reported income of $58k and spending of $30k, leaving 49% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $33k to $58k (+72%), an average of +31% a year. The sharpest change came in the year to June 2024, when income rose by 89%. 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, JM Grasse PTO sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within PA. Charities of a similar size with the same main cause include HCTC Corp ($58k), Hardee Athletic Foundation Inc ($58k) and Berea College Leverage Lender Inc ($58k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 5.3% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.