Thomas Johnson Elementary Middle School PTO Inc

Analysis

Thomas Johnson Elementary Middle School PTO Inc is a registered charity in United States, based in Baltimore, MD. 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, Thomas Johnson Elementary Middle School PTO Inc reported income of $68k and spending of $132k, spending 194% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income fell from $101k to $68k (-32%), an average of -32% a year. The sharpest change came in the year to July 2023, when income dropped by 32%. Over the whole period it spent 125% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thomas Johnson Elementary Middle School PTO Inc 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 27th percentile, and in the 29th percentile within MD. Charities of a similar size with the same main cause include St Joan of Arc Academy Inc ($68k), Parent Booster USA Inc ($68k) and Eom Group Inc ($68k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.