Macs PTO

Analysis

Macs PTO is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in November 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 May 2024, Macs PTO reported income of $52k and spending of $69k, spending 134% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $78k to $52k (-33%), an average of -33% a year. The sharpest change came in the year to May 2024, when income dropped by 33%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Macs PTO sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include Gloucester County Hero Scholarships 200 Club Inc ($52k), Melvin G Syre PTA ($52k) and Image and Likeness ($52k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 10% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.