Southside PTO

Analysis

Southside PTO is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in October 2014, 12 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 2023, Southside PTO reported income of $295k and spending of $280k, spending 95% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $194k to $295k (+52%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 41%. 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, Southside PTO sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Larry Sharley Institute of Evangelism Inc ($295k), The Boston Society Inc ($295k) and Wildflower Foundation ($295k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 18% of the total. At year end it held assets of $192k against liabilities of $1,196, net assets of $190k.