Team Punta Gorda Inc

Analysis

Team Punta Gorda Inc is a registered charity in United States, based in Punta Gorda, FL. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Team Punta Gorda Inc reported income of $82k and spending of $60k, leaving 27% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $30k to $82k (+172%), an average of +65% a year. The sharpest change came in the year to June 2024, when income rose by 95%. 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, Team Punta Gorda Inc 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 35th percentile within FL. Charities of a similar size with the same main cause include Small Manufacturers Institute ($82k), West Point Society of Philadelphia ($82k) and Atlee High School Athletic Booster Club Inc ($81k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 69% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.