Clear Springs PTO Inc

Analysis

Clear Springs PTO Inc is a registered charity in United States, based in Chanhassen, MN. It received its IRS tax-exemption ruling in March 2010, 16 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, Clear Springs PTO Inc reported income of $90k and spending of $105k, spending 117% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $74k to $90k (+21%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clear Springs PTO Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within MN. Charities of a similar size with the same main cause include Commack Cougarette Club Inc ($90k), North Dakota Student Activities Association ($90k) and Womens Well Being and Development Foundation ($90k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $140k against liabilities of $0, net assets of $140k.