Westwoods PTO

Analysis

Westwoods PTO is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in March 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Westwoods PTO reported income of $65k and spending of $70k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $45k to $65k (+46%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Westwoods PTO sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within MI. Charities of a similar size with the same main cause include Springfield High School Athletic Boosters Club ($65k), Loudoun County High School Athletic Booster Club ($65k) and Lakeside Band Association Inc ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.