Cortina Elementary School PTO

Analysis

Cortina Elementary School PTO is a registered charity in United States, based in Queen Creek, AZ. It received its IRS tax-exemption ruling in September 2007, 19 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, Cortina Elementary School PTO reported income of $53k and spending of $51k, spending 96% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $42k to $53k (+27%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cortina Elementary School PTO sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within AZ. Charities of a similar size with the same main cause include Meridian High School Band Boosters Inc ($53k), Mize Elementary PTO ($53k) and Sequoyah Elementary School Parent Teacher Organization ($53k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 0.2% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.