Lake Forest Elementary PTO

Analysis

Lake Forest Elementary PTO is a registered charity in United States, based in Lake Forest, CA. It received its IRS tax-exemption ruling in April 1994, 32 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, Lake Forest Elementary PTO reported income of $52k and spending of $58k, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $51k to $52k (+1.1%), an average of +0.3% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Forest Elementary PTO sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Utah Chapter Fbi National Academy Associates ($52k), Clinton Historical Society Inc ($52k) and Demolay Endowment Foundation of Oregon Inc ($52k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.2% of the total. At year end it held assets of $99k against liabilities of $71, net assets of $98k.