Monrovia Elementary PTO

Analysis

Monrovia Elementary PTO is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in August 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, Monrovia Elementary PTO reported income of $68k and spending of $75k, spending 110% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $70k to $68k (-2.4%), an average of -2.4% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Monrovia Elementary PTO sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within AL. Charities of a similar size with the same main cause include Ellington Farman Library ($68k), Friends of Ferris ($68k) and Parent Booster USA Inc ($68k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 4.9% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.