Red Oak Elementary School PTO NFP

Analysis

Red Oak Elementary School PTO NFP is a registered charity in United States, based in Highland Park, IL. 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, Red Oak Elementary School PTO NFP reported income of $62k and spending of $46k, leaving 26% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $32k to $62k (+96%), an average of +96% a year. The sharpest change came in the year to June 2024, when income rose by 96%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Red Oak Elementary School PTO NFP sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within IL. Charities of a similar size with the same main cause include Collins-Maxwell Athletic Boosters ($62k), Johnny Appleseed Ptac ($62k) and Talley Street Upper Elementary School Parent Teacher Organization ($62k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 58% and program service revenue 17% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.