Pinellas Education Organization Inc
Analysis
Pinellas Education Organization Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in May 2011, 15 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 2023, Pinellas Education Organization Inc reported income of $3.7m and spending of $3.5m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.2m to $3.7m (+16%), an average of +5.0% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Pinellas Education Organization Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Porterville Schools Improvement Corporation ($3.7m), Massachusetts Afterschoolpartnership Inc ($3.7m) and Resurrection Episcopal Day School ($3.7m).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 92% of the total. At year end it held assets of $6.3m against liabilities of $3.6m, net assets of $2.7m. It reported 31 employees.
Income and spending
Where the income comes from
- Program services 92%
- Other 7.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Porterville Schools Improvement Corporation | Porterville | $3.7m |
| Massachusetts Afterschoolpartnership Inc | Hingham | $3.7m |
| Resurrection Episcopal Day School | New York | $3.7m |
| Lawrence County Independent Schools | Bedford | $3.7m |