Polaris PTO Inc

Analysis

Polaris PTO Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 2004, 22 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, Polaris PTO Inc reported income of $229k and spending of $207k, spending 90% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $139k to $229k (+65%), an average of +64% a year. The sharpest change came in the year to June 2024, when income rose by 65%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Polaris PTO Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 53rd percentile within CO. Charities of a similar size with the same main cause include Mid-State Literacy Council Inc ($229k), Friends of Pulaski ($230k) and Gracepoint Christian Academy ($229k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 66% of the total. At year end it held assets of $262k against liabilities of $0, net assets of $262k.