Salem Elementary PTO

Analysis

Salem Elementary PTO is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Salem Elementary PTO reported income of $58k and spending of $65k, spending 112% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $95k to $58k (-39%), an average of -39% a year. The sharpest change came in the year to June 2024, when income dropped by 39%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Salem Elementary PTO sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within TN. Charities of a similar size with the same main cause include Apex Friendship High School Dance Boosters ($58k), Quota of the Cedar Valley Inc ($58k) and The Washington Education Foundation Inc ($58k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.5% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.