Jim Spradley Elementary PTO

Analysis

Jim Spradley Elementary PTO is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in September 2023, 3 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, Jim Spradley Elementary PTO reported income of $83k and spending of $81k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $69k to $83k (+20%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jim Spradley Elementary PTO sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Passaic Valley Regional High School Education Foundation Inc ($83k), Henderson Free Library ($83k) and Atlantic Beach Country Club Turtle Foundation Inc ($83k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 21% of the total. At year end it held assets of $2,261 against liabilities of $0, net assets of $2,261.