Farmington Elementary School PTO

Analysis

Farmington Elementary School PTO is a registered charity in United States, based in Germantown, TN. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Farmington Elementary School PTO reported income of $149k and spending of $149k, spending 100% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $39k to $149k (+280%), an average of +95% a year. The sharpest change came in the year to June 2023, when income rose by 177%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Farmington Elementary School PTO sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within TN. Charities of a similar size with the same main cause include Parents Association for Christian Education ($149k), Elk Grove Rotary Foundation ($149k) and Atlanta Tuskegee Alumni Club Inc ($149k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 9.9% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.