Manhattan 114 PTO

Analysis

Manhattan 114 PTO is a registered charity in United States, based in Manhattan, IL. It received its IRS tax-exemption ruling in February 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 July 2023, Manhattan 114 PTO reported income of $139k and spending of $135k, spending 98% of its income. Across the 6 years on record, from July 2018 to July 2023, income grew from $78k to $139k (+77%), an average of +12% a year. The sharpest change came in the year to July 2022, when income rose by 125%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Manhattan 114 PTO sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Oakland Endzone Club ($139k), Cypress Falls High School Sky Dancer Booster Club ($139k) and Society of Outdoor Recreation Professionals ($138k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 6.5% and program service revenue 93% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.