Monroe Road Elementary PTO

Analysis

Monroe Road Elementary PTO is a registered charity in United States, based in Lambertville, MI. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Monroe Road Elementary PTO reported income of $67k and spending of $65k, spending 97% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $58k to $67k (+16%), an average of +7.5% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Monroe Road Elementary PTO sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within MI. Charities of a similar size with the same main cause include Dayton Dance Conservatory Company ($67k), Palmetto High School Athletic Booster Club ($67k) and Hungarian Medical Association of America Inc ($67k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $90k against liabilities of $3,445, net assets of $87k.