North Lee Elementary PTO

Analysis

North Lee Elementary PTO is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in August 2018, 8 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 2022, North Lee Elementary PTO reported income of $63k and spending of $63k, spending 101% of its income. Across the 3 years on record, from June 2020 to June 2022, income fell from $86k to $63k (-27%), an average of -15% a year. The sharpest change came in the year to June 2021, when income dropped by 38%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Lee Elementary PTO sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within TN. Charities of a similar size with the same main cause include Fremont High School Alumni ($63k), Fillmore High School Alumni Association ($63k) and Center for Immigrant Resources and Community Arts ($63k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 53% of the total. Other salaries and wages came to $15k. At year end it held assets of $25k against liabilities of $0, net assets of $25k.