Veterans Lower Elementary School PTO

Analysis

Veterans Lower Elementary School PTO is a registered charity in United States, based in Saugus, MA. It received its IRS tax-exemption ruling in March 2022, 4 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, Veterans Lower Elementary School PTO reported income of $82k and spending of $73k, spending 89% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $82k to $82k (-0.8%), an average of -0.8% a year. 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, Veterans Lower Elementary School PTO sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 39th percentile within MA. Charities of a similar size with the same main cause include Millbrae Meadows PTO ($82k), Parent Booster USA Inc ($82k) and Nazareth Blue Eagle Education Foundation ($82k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.