Phes PTO

Analysis

Phes PTO is a registered charity in United States, based in Olive Branch, MS. It received its IRS tax-exemption ruling in August 2019, 7 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, Phes PTO reported income of $80k and spending of $72k, spending 90% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $64k to $80k (+25%), an average of +25% a year. The sharpest change came in the year to June 2024, when income rose by 25%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Phes 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 31st percentile, and in the 33rd percentile within MS. Charities of a similar size with the same main cause include Front Line Youth in Science Engineering and Technology ($80k), Atholton Boosters Association Incorporated ($80k) and Parent Booster USA Inc ($80k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 51% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.