Kensington PTO

Analysis

Kensington PTO is a registered charity in United States, based in Waxhaw, NC. It received its IRS tax-exemption ruling in August 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 2023, Kensington PTO reported income of $97k and spending of $109k, spending 113% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $222k to $97k (-56%), an average of -56% a year. The sharpest change came in the year to June 2023, when income dropped by 56%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kensington PTO sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Parent Booster USA Inc ($97k), California Community College Student Affairs Association ($97k) and Kenston PTO ($97k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 60% of the total. At year end it held assets of $105k against liabilities of $0, net assets of $105k.