Millbrae Meadows PTO

Analysis

Millbrae Meadows PTO is a registered charity in United States, based in Millbrae, CA. It received its IRS tax-exemption ruling in April 2017, 9 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, Millbrae Meadows PTO reported income of $82k and spending of $78k, spending 96% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $51k to $82k (+60%), an average of +60% a year. The sharpest change came in the year to June 2024, when income rose by 60%. Over the whole period it spent 127% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Millbrae Meadows PTO sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Nazareth Blue Eagle Education Foundation ($82k), Veterans Lower Elementary School PTO ($82k) and Arts Commission of Danville-Boyle Co ($82k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 24% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.