Groveland Elementary PTO

Analysis

Groveland Elementary PTO is a registered charity in United States, based in Minnetonka, MN. It received its IRS tax-exemption ruling in June 2020, 6 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, Groveland Elementary PTO reported income of $108k and spending of $129k, spending 119% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $170k to $108k (-36%), an average of -20% a year. The sharpest change came in the year to June 2023, when income dropped by 29%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Groveland Elementary PTO sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within MN. Charities of a similar size with the same main cause include Americal Legacy Foundation ($108k), Glen Ridge Educational Foundation Incorporated ($108k) and Parent Booster USA Inc ($108k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.2% of the total. At year end it held assets of $80k against liabilities of $252, net assets of $79k.