Killearn Lakes Elementary PTO Inc

Analysis

Killearn Lakes Elementary PTO Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in October 2007, 19 years ago. 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, Killearn Lakes Elementary PTO Inc reported income of $87k and spending of $56k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $32k to $87k (+171%), an average of +28% a year. The sharpest change came in the year to June 2021, when income rose by 225%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Killearn Lakes Elementary PTO Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include The Arc of Georgia Services Corporation ($87k), Birthright of Beaumont ($87k) and Little League Baseball Inc ($87k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.6% and program service revenue 13% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.