Five Oaks Academy PTO Inc

Analysis

Five Oaks Academy PTO Inc is a registered charity in United States, based in Simpsonville, SC. It received its IRS tax-exemption ruling in August 2007, 19 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, Five Oaks Academy PTO Inc reported income of $155k and spending of $175k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $121k to $155k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Five Oaks Academy PTO Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 53rd percentile within SC. Charities of a similar size with the same main cause include Houston Taiwan Institute for Senior Citizens ($155k), Charlie Life and Leadership Academy ($155k) and International Indian Statistical Association ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $147k against liabilities of $876, net assets of $146k.