Richmond Elementary School PTO Corporation

Analysis

Richmond Elementary School PTO Corporation is a registered charity in United States, based in Richmond, VT. It received its IRS tax-exemption ruling in July 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 December 2023, Richmond Elementary School PTO Corporation reported income of $332k and spending of $331k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $313k to $332k (+5.9%), an average of +5.9% a year. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Richmond Elementary School PTO Corporation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 56th percentile within VT. Charities of a similar size with the same main cause include Beagle School ($331k), Bridgerland Technical College Continuing Education Foundation ($332k) and Foundation for Student Educational Rights Advisory ($331k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 95% of the total. At year end it held assets of $1,224 against liabilities of $0, net assets of $1,224.