Bowman Elementary School PTO Inc

Analysis

Bowman Elementary School PTO Inc is a registered charity in United States, based in Lexington, MA. It received its IRS tax-exemption ruling in April 2021, 5 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 August 2024, Bowman Elementary School PTO Inc reported income of $64k and spending of $46k, leaving 28% of income unspent that year. Across the 3 years on record, from August 2022 to August 2024, income grew from $55k to $64k (+16%), an average of +7.8% a year. The sharpest change came in the year to August 2023, when income rose by 28%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bowman Elementary School PTO Inc 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 25th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include Upper Saddle River Educational Foundation Inc ($64k), Golden Valley High School Baseball Grizzlies Dugout Club ($64k) and Raynham Middle School Parentorganization Inc ($64k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 26% and program service revenue 22% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.