Groves Elementary PTO

Analysis

Groves Elementary PTO is a registered charity in United States, based in Humble, TX. It received its IRS tax-exemption ruling in June 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, Groves Elementary PTO reported income of $81k and spending of $83k, spending 102% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $64k to $81k (+27%), an average of +27% a year. The sharpest change came in the year to June 2024, when income rose by 27%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Groves Elementary 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 TX. Charities of a similar size with the same main cause include Friends of the Melrose Public Library Inc ($81k), Bradley PTO ($81k) and H H Dow High School Boosters Club ($81k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 44% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.