CGS PTO

Analysis

CGS PTO is a registered charity in United States, based in Methuen, MA. It received its IRS tax-exemption ruling in January 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 (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, CGS PTO reported income of $96k and spending of $84k, spending 88% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $61k to $96k (+58%), an average of +58% a year. The sharpest change came in the year to June 2024, when income rose by 58%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, CGS PTO sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include Edward Byrom Elementary P S 0 Foundation ($96k), Independence Primary School PTO ($96k) and Boonton Township Education Foundation Inc ($96k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.